The proposal

Municipal Impact Calculator

Less than a penny for the city. Not one penny more for taxpayers. The same change, stated three ways: as a percentage of the share cities receive today, in cents of the covered 7-cent tax, and in dollars for a city's own annual diversion.

What the change is worth, three ways

  1. As a percentage

    18.5% to 30.0%

    At the endpoint, a city receives a 62.16 percent larger municipal share of the covered regular sales dollar than it receives today.

  2. In cents

    1.295 to 2.100

    Cents per covered regular sales dollar, out of the covered 7-cent tax. The consumer rate and the taxable base do not change.

  3. In dollars

    Your city's own figure

    Apply the statutory ratios to a city's current annual covered diversion. The examples below show what that produces for three round starting figures.

These figures are planning estimates, not Department of Revenue fiscal notes.

Examples

Each row starts from a round annual covered diversion. The middle column is the gain produced by one ordinary 2-point step; the last column is the gain at the 30 percent endpoint.

What each 2-point step and the 30 percent endpoint produce, by current annual covered diversion

Estimate

Current annual covered diversionEach 2-point step30% endpoint gain
$1 million$108,108$621,622
$10 million$1.081 million$6.216 million
$100 million$10.811 million$62.162 million
  • $1 million

    Each 2-point step
    $108,108
    30% endpoint gain
    $621,622
  • $10 million

    Each 2-point step
    $1.081 million
    30% endpoint gain
    $6.216 million
  • $100 million

    Each 2-point step
    $10.811 million
    30% endpoint gain
    $62.162 million
Source
MMRP six-year municipal share schedule 18.5 percent to 30.0 percent (proposal figures), applied to the stated starting diversion.
As of
Retrieved
Definition
A covered regular sales dollar is a dollar of municipal business activity to which the ordinary diversion clause in Mississippi Code Section 27-65-75 applies. Each ordinary step raises the municipal share by 2 percentage points; the endpoint is 30 percent.
Rounding
Dollars below one million are rounded to the whole dollar; one million and above are shown to three decimal places in millions.

These figures are planning estimates, not Department of Revenue fiscal notes.

Actual receipts depend on economic activity, statutory exclusions, Department of Revenue adjustments, and the precise revenue series used in bill drafting.

Download this table as CSV — What each 2-point step and the 30 percent endpoint produce, by current annual covered diversion

Work it out for your city

The form below works the same ratios against a single city's own figures. Enter what your budget already tells you, and the results begin by restating those figures, so every number that follows can be read against them.

It runs entirely in your browser: nothing you type is sent anywhere, saved, or added to the web address, and the page keeps no record of it once the tab is closed. A city that would rather talk it through can use the secure contact form. The notes on method and inputs follow the form.

Estimate for your city

Enter the figures your city already has in its own budget documents. Everything is worked out in your browser: nothing you type is sent anywhere, saved, or added to the web address.

Dollars. Your city's own annual figure, from its budget. Every dollar result below scales from it.

Residents. Used to express the increase per resident.

Results appear here once you enter your city's figures and choose Calculate estimates. Everything the calculator produces is a planning estimate: planning estimates, not Department of Revenue fiscal notes.

Method and definitions

What the calculator asks for

The calculator works from a small number of figures a city already has in its own budget documents.

Current annual ordinary municipal sales-tax diversion
The city's own annual figure. Every dollar result on this page scales from it.
Population
Used to express an increase per resident.

Estimate

Derived figure calculated from published inputs. Not an official reported total.

Every result the calculator produces is a planning estimate. Outputs are planning estimates, not Department of Revenue fiscal notes.

As of

Which percentages mean what

Every percentage on this page describes the same thing: the municipal share of the covered regular sales dollar: 18.5 percent today, 30.0 percent at the endpoint. A step is stated in percentage points of that same covered regular sales dollar, never as a percentage of a city's own money.