Posts Tagged ‘budget’

Senate passes bill to increase education funding

JACKSON — Senators are supporting an additional $60 million for Mississippi’s education funding formula. The Senate voted 26-24 yesterday to adopt an amendment to House Bill 1476 — the state K-12 budget — taking money from Medicaid and moving it to the Mississippi Adequate Education Program. Eight Republicans crossed party lines to vote with all […] [...]

Bryant wants to give hospitals funds to offset health care reform

JACKSON — Gov. Phil Bryant is proposing the state give Mississippi hospitals $4.4 million to offset an expected loss of federal funds due to the Affordable Care Act. Under the federal health care law, over a period of years the reimbursement to hospitals for treating people with no health care coverage will be reduced. The […] [...]

Council approves $1M budget for proposed baseball stadium

BILOXI — The Biloxi City Council has set up a $1-million budget in advance of any spending for a baseball stadium. David Nichols, city administrator, says no expenditures will be made until a team is purchased and all the documents are signed. The Sun Herald reports (the vote was 5-2 creating the new capital project […] [...]

Governor proposes $6.1B budget; no new taxes or fees

JACKSON — Gov. Phil Bryant is proposing a $6.1-billion state budget that would put more money into education and public safety for fiscal 2015, which begins July 1. It would not increase taxes or fees. In a plan unveiled yesterday, the Republican governor said he seeks to eliminate the use of one-time money to pay […] [...]

Bryant unveils budget proposal Wednesday

by Published: November 13,2013

Tags: budget, Business, economy, Mississippi, Phil Bryant

JACKSON, Mississippi — Mississippi Gov. Phil Bryant is proposing a state budget that would put more money into education and public safety. It also seeks to reduce the state’s use of one-time money to pay for recurring expenses. Bryant recommends spending $6.1 billion. Bryant unveiled his spending plan Wednesday for fiscal 2015, which begins July […] [...]

Legislators increase spending estimate; Bryant agrees

JACKSON — Top lawmakers yesterday increased the estimate of how much money Mississippi can spend on state government programs this budget year and next. Members of the Joint Legislative Budget Committee voted to increase the revenue estimate from just under $5.1 billion to just over $5.2 billion for fiscal 2014, which ends June 30. They […] [...]

After three years, voters finally to weigh in on sales tax

JACKSON — A local option sales tax that has sat on the books for three years finally will be offered to Jackson voters. The Clarion-Ledger reports the Jackson City Council yesterday voted to raise sales taxes one cent on every dollar, on the condition that voters approve in a referendum the higher rate By law, […] [...]

Mayor proposes using rainy day money for city’s debt

TUPELO — Mayor Jason Shelton wants to use about $5 million from the city’s rainy day fund to pay off part of its $30 million in bonds. That could save up to $825,000 in interest over seven years, freeing up cash for big capital items such as fire trucks or tornado sirens, he told The […] [...]

State groups report little impact from federal shutdown

JACKSON — Agency directors and spokesmen say Mississippi government is feeling little effect from the federal government’s partial shutdown that started last week. This includes the Department of Transportation, the Department of Education, the Department of Human Services and the Division of Medicaid — state agencies that handle large amounts of federal money. For now, […] [...]

Facing tight funding, USM to unveil retention plan

HATTIESBURG — University of Southern Mississippi President Rodney Bennett has only been on the job for six months, but he says his relationship with the university community has jumped off to a promising start. Bennett, the former vice president for student affairs at the University of Georgia, said his plan for student success at Southern […] [...]

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