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Biloxi mayor vetoes proposed budget; city council to take up issue

budget-cuts1-jpgBILOXI — Mayor A.J. Holloway says he vetoed the fiscal year 2014-15 budget adopted by the Biloxi City Council because it provides a spending reserve of only $56,000.

Holloway said yesterday that such a low amount would put the city’s credit rating at risk.

Biloxi Council President Kenny Glavan said the council will take the issue up at their next meeting.

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