County supervisors wrestling with $1.4M deficit
Published: January 9,2012
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.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- Shale oil: market correction or longterm direction?
- Miss. surgeon sentenced in tax evasion case
- MBJ exclusive: Jackson’s new airport CEO fulfills desire to taking on the top job
- MARTIN WILLOUGHBY: Gary Herring building tomorrow by educating today
- WILLOUGHBY: Mayo Flynt leads AT&T Mississippi by enjoying both work and workers
- 'Blue Economy' important for Mississippi's future
- J.McLaughlin to open in Highland Village next spring
- Hyatt-Place is Columbus’ newest hotel option