The Mayor and five Aldermen make policy decisions in accordance with procedures and responsibilities set out in the Constitution of the State of Mississippi, and the laws of Smith County.

The Board of Aldermen of the Town of Taylorsville, Mississippi is composed of five members. Four aldermen are elected according to their respective wards, and one aldermen elected at-large.
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​Mayor - Kellie Phipps
Ward 3 - Mark Jones
Ward 1 - Arthur Shelby
Ward 4 - Kenneth (Ken) May
Ward 2 - Larry Moffett
Alderman at Large – Sarah McMorris Jones
The Mayor and all Aldermen serve a four-year term. Board meetings are held on the first Thursday after the first Tuesday of every month, and the public is always encouraged to come take part in the discussions.