PSC offering unspent funds to lawmakers
Published: January 28,2010
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.”
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- BILL CRAWFORD: Dan Jones not the angel he is portrayed to be
- DAVID DALLAS — Just how long can Dan stand?
- Cal-Maine income skyrockets as prices rise and costs shrink
- The Dan Jones-IHL saga: Is this the story that started it all?
- Lawmakers move on bonds despite complaints from colleges and universities
- Analysis: Closed meetings can feed false public impressions
- Business groups file briefs in support of Kemper coal plant rehearing
- Grain scandal takes its toll on Delta farmers
- DAVID DALLAS — From Dan and Dixie with love