The Harrison County Board of Supervisors has approved a plan where the county would join the city in offering tax exemptions to new and expanding businesses in identified sections of Biloxi.
Mayor A.J. Holloway appeared before the supervisors on Monday to ask the county to consider the idea. Under the plans, city and county property taxes, save for school taxes, could be abated for as many as seven years. Each business would have to apply to both the city and county to be a part of the program.
Said Holloway: “It’s primarily designed for small businesses, to help offset the many post-Katrina challenges they face in rebuilding, starting up or expanding. I’m glad the county has approved this in Biloxi.”
To see a map of the approved districts in Biloxi and the city ordinance approving the plan, click here.
