SUMMARY: The Lowndes County School District in Mississippi is facing a $1.1 million budget shortfall, leading to a dispute with the county supervisors over taxation of industrial properties. The school district believes properties coming off fee-in-lieu agreements should be taxed as new, but the supervisors disagree. A Chancery Court ruled in favor of the school district, but the decision was overturned by the State Supreme Court. The school board requested $29 million in Ad Valorem tax revenue, but did not receive the full amount. The county supervisors claim the school district has nearly $20 million in the bank.

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