Holloway reduces salary by nearly 80 percent

When City Council members begin reviewing Mayor A.J. Holloway’s proposed budget for the Administration Department on Tuesday, they’ll notice the mayor has cut his own pay by nearly $90,000.

Instead of drawing his $115,900 annual salary, Holloway has reduced his city pay by nearly 80 percent — to about $27,000 a year.

“To be honest, it’s a win-win situation,” Holloway said. “I’ve been paying into the state retirement system for nearly 34 years at this point, and tax-wise, it works out better to begin drawing some of my retirement funds — better for me and better for the taxpayers of Biloxi. This move saves the city nearly $90,000 a year, which is significant in these budget times.”

And, the mayor said, he plans on showing up for work every day, regardless of the pay.

“Frankly, I enjoy the work,” Holloway said, “and we have a great deal more to accomplish. I could go for another six to eight years.”