Jefferson County, Mississippi (MS)

Transcription

1 UPDATED 3/ Jefferson County, Mississippi (MS) Mississippi Development Bank, Special Obligation Bonds, (Jefferson County, Mississippi Regional Correctional Facility Refunding Bond Project), $2,845,000, Dated: June 17, 2008 Mississippi Development Bank Special Obligation Bonds, (Jefferson County, Mississippi General Obligation Bond Project),, $4,000,000, Dated: February 27, A brief narrative discussion of the results of operations and financial condition of the County for such fiscal year. FY Ended September 30, The Jefferson County Board of Supervisors has worked to reduce spending and have a better financial management process in placed which has resulted in the county approaching the end this fiscal year without having to borrrow a Tax Anticipated Loan for the first time in the past eight to ten years. APPENDIX A INFORMATION ON THE COUNTY ECONOMIC AND DEMOGRAPHICAL INFORMATION General Description Jefferson County is located in the southwest portion of the state of Mississippi bordering the Mississippi River and is one of the oldest counties in Mississippi. The county has a populaiton of 7,726 of which 6,620 are black American (86%), making it the No. 1 in the nation for percentage of black Americans. Population ,726 7,629

2 Government and Organization 1. Jefferson County Name District Terms End Years in Office Position Held Christopher Lowe 1 Dec 15 6 Supervisor Dudley Guice 2 Dec 15 3 Supervisor Trent Hudson 3 Dec Supervisor David David 4 Dec 15 3 Supervisor Ray Perryman 5 Dec Supervisor 2. School District Transportation Highways: Jefferson County is approximately 173 miles northwest of New Orleans, Louisiana and Highway 61 is the main highway through the county. Mississippi Highway 28 and 33 also run through the county. The closest airport is Jackson Evers International Airport in Jackson, MS approximately 79 miles northeast. Greyhound/Trailways bus line provide services to the area. Per Capita Income Year County Mississippi United States County as % of U.S 29,559 33,657 53,046 Unemployment Statistic of County July n/a August 14% September October November December January February March April May June Annual Average

3 Employment Statistics RESIDENCE BASED EMPLOYMENT I. Civilian Labor Force 2,860 II. Unemployed 400 Rate 14% III. Employed 2,460 ESTABLISHMENT BASED EMPLOYMENT I. Manufacturing 10 II. Non manufacturing 1300 A. Agriculture, Forestry, Fishing & Hunting 10 B. Mining 0 C. Utilities 110 D. Construction 10 E. Wholesale Trade 0 F. Retail Trade 100 G. Transportation & Warehousing 0 H. Information 0 I. Finance & Insurance 30 J. Real Estate, Rental & Leasing 10 K. Prof., Scientific & Technical Service 0 L. Management of Companies & Entertainment 0 M. Administrative Support & Waste Management 70 N. Educational Services 0 O. Health Care & Social Assistance 170 P. Arts, Entertainment & Recreation 0 Q. Accommodation & Food Service 80 R. Other Services (except Public Administration) 10 S. Government 670 Education 250 Retail Sales State Fiscal Year E nded June 30 Amount 27,112, Educational Facilities Scholastic Year Enrollment ,414 Major Employers Employer Product/Service Employees

4 Major Banking Institutions Institution Deposits 6/30/2013 Assests 6/30/2013 Largest Taxpayers Name Taxes Collected Assessed Value Outstanding Debt General Obligation Bonds Issue Original Principal Outstanding Principal Issue Date Amount Balance Final Maturity Date Limited Obligation Bonds Issue Original Principal Outstanding Principal Issue Date Amount Balance Final Maturity Date Capital Leases Issue Original Principal Outstanding Principal Issue Date Amount Balance Final Maturity Date Assessed Valuation Assessment Year Public Utility Real Property Personal Property Property Total

5 Property Tax Rates (Per $1,000 Valuation) General Purposes General County Funds Roads & Bridges Appraisal & Mapping Public Library General Obligation Bonds Fire District Park Facilities Solid Waste Disposal Economic Development Fund General Purposes Subtotal School Purposes Copiah Lincoln (maintenance) Copiah Lincoln (improvement) (maintenance) (debt service) (3 mill note) (Shortfall Note) Schools Subtotal County Total City Tax Collections of the County Year Taxes Due Taxes Collected Difference General Fund Balances Beginning Fund Balance Revenues Expenditures Other Sources (Uses) Ending Fund Balance General Garbage Maintenance Other FISCAL YEAR Legal Debt Limit Statement Authorized Debt Limit (Last Computed Assessment for Taxation $xx,xxx,xxx) 15% Limit 20% Limit Present Debt Subject to Debt Limits Margin for Further Debt Under Debt Limits Less: This Offering Margin for Further Debt Under Debt Limits after Issuance of Bonds

6 APPENDIX B INFORMATION ON THE FACILITY THE FACILITY OPERATIONS OF THE FACILITY DEBT SERVICE REQUIREMENTS Fiscal Year Ending 30 Sep Principal Interest Total TOTAL

7 HISTORICAL INFORMATION REGARDING PLEDGED REVENUES Month FY July August September October November December January February March April May June Average Daily Average Per Day/Per Inmate APPENDIX C FINANCIAL INFORMATION FOR THE COUNTY Jefferson County, Mississippi Audited Primary Government Financial Statements and Special Reports