JACKSON — State Treasurer Tate Reeves has released a statement in support of recent action by the Joint Legislative Budget Committee.
Reeves wrote: “Today, the Joint Legislative Budget Committee adopted the Revenue Estimating Committee’s revisions from its November estimate — a 0.9 percent increase for FY 2011 and a 1.4 percent increase for FY2012.
“With the economy still recovering, the Revenue Estimating Committee was extremely cautious when forecasting our revisions. I applaud our conservative approach considering the uncertainty of gas prices, unsteady housing market and other economic trends.
“I hope the Legislature and the governor work to craft a budget over the next few weeks that is equally cautious and conservative. The taxpayers deserve no less.”
Source: State Treasurer’s Office
BEFORE YOU GO…
… 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