Home » NEWS » PSC offering unspent funds to lawmakers

PSC offering unspent funds to lawmakers

JACKSON — The Public Service Commission (PSC) has sent a letter to the chairmen of the House and Senate appropriations committees making them aware of $5 million in unspent funds that is currently held in the Public Service Commission Regulation Fund.

In the letter, the commissioners said that the money cannot be spent by the agency, “and therefore is available to be transferred and reallocated as the Legislature sees fit.”

“As a state agency, we need to pitch in and see how we can help the state get through this tough financial time. For us to hold onto money, which cannot be used, just for the sake of doing so, would be wrong.” said Public Service Commission chairman Brandon Presley. “I think in this fiscal crisis this is the kind of action Mississippians expect to see from their elected officials and state agencies.”


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Wally Northway

Leave a Reply

Your email address will not be published. Required fields are marked *