LAUREL, MS (WDAM) - If you own a house, a car or a business in Laurel get ready to open up your wallet because taxes are expected to increase.
Laurel Mayor Johnny Magee said property taxes are going up by 1.35% if approved by the council.
Magee said "We are going to have to raise taxes a slight bit. The need to raise taxes are that our streets, our water, and sewer lines are horrible and they got to be fix."
Magee said the only way tackle the problem is to take out additional bonds, which calls for higher taxes.
He said "It is a modest increase about 10 dollars a year or even a little less."
Magee said "The tax increase is include in the 2014 budget. The council is expected to vote on the budget no later than September 15. If all goes as plan the 2014 budget and a tax increase will go into effect October 1.