Public Hearing - Budget & Tax Levy

NOTICE OF A PUBLIC HEARING ON THE PROPOSED BUDGET AND PROPOSED TAX LEVIES FOR THE UPCOMING FISCAL YEAR FOR THE CITY OF PETAL

The City of Petal will hold a public hearing on its proposed budget and proposed tax levies for fiscal year 2025 - 2026 on September 2, 2025 at 5:30 p.m. in the board room of City Hall.

The City of Petal is now operating with projected total budget revenue of $10,175,923.00.  53% or $5,405,968.00 of such revenue is obtained through ad valorem taxes.  For the next fiscal year, the proposed budget has total projected revenue of $11,772,112.00.  Of that amount, 52% or $6,117,032.00 is proposed to be financed through a total ad valorem tax levy. 

The decision to not increase the ad valorem tax millage rate for fiscal year 2025-2026 above the current fiscal year’s ad valorem tax millage rate means you will not pay more in ad valorem taxes on your home, automobile tag, utilities, business fixtures and equipment and rental real property, unless the assessed value of your property has increased for fiscal year 2025-2026.

Any citizen of the City of Petal is invited to attend this public hearing on the proposed budget and tax levies for fiscal year 2025-2026 and will be allowed to speak for a reasonable amount of time and offer tangible evidence before any vote is taken.

A millage rate of 45.36 will produce the same amount of revenue from ad valorem taxes as was collected the prior year.  The millage rate for the prior year was 46.21.

Publish:  August 14 and August 21, 2025