Mississippi Business Journal » COST

Commission, rail company disagree over bridge fees

Associated Press — Fri, 17 May 2013 11:12:49 +0000

VICKSBURG — The Vicksburg Bridge Commission and the Kansas City Southern Railway have been at odds for eight years on what the railroad will pay to run trains across the Mississippi River on the old U.S. Highway 80 bridge. In September 2005, the five-member commission adopted a per-car rate of $14 — more than triple [...]

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County, city to partner on cost of replacing old bridge

Associated Press — Thu, 09 May 2013 12:55:25 +0000

OLIVE BRANCH — DeSoto County plans to team with Olive Branch on a $600,000 project to replace an old timber-supported bridge on State Line Road over Johns Creek. The Commercial Appeal reports that a consulting engineer working on the project says the bridge is one of DeSoto County’s last remaining timber bridges. The county Board [...]

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Auditors: Tuition program could be short $100M-plus

Associated Press — Wed, 01 May 2013 12:17:49 +0000

JACKSON — Mississippi’s prepaid college tuition plan may be underfunded by more than $100 million, auditors from a private consultant told the board that oversees it. However, the actuaries say the plan can be at least partially fixed by charging more for future contracts. If the board doesn’t make changes, either colleges or the Legislature [...]

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School district finishes assessment of tornado damage

Associated Press — Tue, 26 Mar 2013 12:59:52 +0000

HATTIESBURG — Estimates are in on the dollar amount of the damage done to Hattiesburg Public School District property by the Feb. 10 tornado. Willie Burton, the district’s director of buildings and grounds, tells the Hattiesburg American it’s between $5 million to $6 million for cleanup and rebuilding. The district’s transportation center, transportation office, driver training [...]

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KiOR makes first shipment, reports loss

MBJ Staff — Tue, 19 Mar 2013 12:21:50 +0000

COLUMBUS — Texas-based KiOR Inc. has reached a milestone with the first shipments of cellulostic diesel from its biofuels production facility in Lowndes County. KiOR president and CEO Fred Cannon says in a statement that the company will focus on achieving “steady state operations” in Columbus. He says KiOR expects to produce between 3 million [...]

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Cost of obtaining public records could decrease

Associated Press — Thu, 14 Feb 2013 15:58:12 +0000

JACKSON — A bill has passed the Mississippi Senate seeking to reduce the cost for the general public to get copies of government documents. Senate Bill 2066 says requests for public records must be handled by the lowest-paid government employee who is qualified to do so. The proposed change is intended to stop agencies from using [...]

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Capital City could face $1B water bill

Associated Press — Thu, 07 Feb 2013 13:35:03 +0000

JACKSON — A new study finds the city of Jackson will need an estimated $300 million to fix its crumbling water system. The Clarion-Ledger reports Mayor Harvey Johnson Jr. released some of the basic details about the study yesterday. The city already has to spend roughly $400 million on sewer improvements, as mandated by the [...]

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New CONs issued for health care project cost overruns

MBJ Staff — Fri, 01 Feb 2013 14:02:45 +0000

D’IBERVILLE and JACKSON — The Mississippi State Department of Health (MSDH) has issued certificates of need (CONs) for two projects. Greenbriar Nursing Center of D’Iberville has received a CON for the cost overrun to CON #0810 — relocation of 46 long-term care beds from Azalea Gardens Nursing Center. The approved capital expenditure for this project [...]

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Entergy assess cost of Christmas Day ice storm

MBJ Staff — Mon, 28 Jan 2013 14:03:32 +0000

LITTLE ROCK, Ark. — Entergy Arkansas has compiled preliminary damage estimates following the Christmas Day ice storm that gripped Central Arkansas and left more than 194,000 customers without power and caused extensive damage due to ice, snow and high wind. Total restoration costs for the repair and/or replacement of Entergy Arkansas’ electrical facilities in areas [...]

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Feds joining lawsuit against ex-nursing home operator

Associated Press — Tue, 11 Dec 2012 15:02:58 +0000

LUMBERTON — Federal officials are joining a whistleblower lawsuit claiming a former south Mississippi nursing home operator withheld care to pad profits. The suit, originally filed by Academy Health Center, accuses the former operator of a Lumberton nursing home of claiming money from Medicare and Medicaid for services that he didn’t provide or for services [...]

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