Opinion ID: 2495667
Heading Depth: 1
Heading Rank: 14

Heading: Sales-tax revenue history

Text: ¶ 38. The trial court found that over the last five years, Horn Lake's sales tax receipts had grown from $3,864,329 in 2004 to $4,054,885 in 2008; however, sales-tax diversions had reduced approximately $103,000 from 2007 to 2008. Horn Lake's general tax fund collections had increased from 2003 to 2007; however, the chancellor found that to be a reflection of an increase in the tax rate for Horn Lake from thirty mils in 2003 to the current forty-two mils in 2007. The chancellor stated that the tax increase of 2007 was the second highest among all municipalities in DeSoto County. ¶ 39. The chancellor did not say whether this subfactor weighed for or against the reasonableness of annexation by the City of Horn Lake, which was not error, as the reasonableness of annexation is determined by the totality of the circumstances. In re Enlargement and Extension of the Corporate Limits of the City of Madison, 983 So.2d at 1042.