Itta Bena Approves 2026-27 Budget With 3.4 Mill Tax Increase
Itta Bena has approved its 2026-27 budget, which includes a 3.4 mill tax rate increase, leading to community reactions.
Greenwood Greenville, MS, September 23, 2026 —
Itta Bena town officials have approved the budget for the 2026-27 fiscal year. The newly adopted budget includes a significant change for local taxpayers: a 3.4 mill increase to the property tax rate.
The decision to implement the tax rate hike has prompted reactions from the community. Details regarding the specific nature of these reactions, such as public meetings, citizen comments, or specific concerns raised by residents, were not provided in the summary of the trend. The exact reasons behind the budget increase, beyond the tax rate adjustment, also remain unspecified. Similarly, information about the total budget amount or how the increased revenue will be allocated is not detailed.
Property taxes are typically calculated based on the assessed value of real estate. A mill is a unit of taxation equal to one-thousandth of a dollar, meaning one mill represents $1 of tax for every $1,000 of assessed property value. Therefore, a 3.4 mill increase signifies an additional $3.40 in taxes for every $1,000 of assessed property value.
The approval of the budget marks a formal step in the town’s financial planning for the upcoming fiscal year. Further details on the budget’s components and the community’s response are expected to emerge as the fiscal year progresses.
Story summarized from the original created by RonDarius Ellzey on www.deltanews.tv, see more information here.
