County supervisors wrestling with $1.4M deficit

by

Published: January 9,2012

Tags: budget, county government, deficit, tax collections

MADISON COUNTY — Madison County supervisors are facing a projected $1.4 million deficit.

The Clarion-Ledger reports the potential shortfall is not tied to the county’s general operating fund.

President John Bell Crosby says the deficit is directly related to road projects in one form or another.

The amount of the deficit is tied to what is remaining on the contracts for design fees and construction of Calhoun Station Parkway and Moss Road.

Wallace Collins, the county’s CPA, said the county has reserve funds that can cover the final amount of a shortfall.

Department heads have been asked to examine their finances and bring suggestions on ways to save money to the board’s next meeting Jan. 17.

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

FOLLOW THE MBJ ON TWITTER

Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Top Posts & Pages

%d bloggers like this: