Posts Tagged ‘fund’

State agency providing funds for Delta city beautification

GREENWOOD — Transportation funds will help the City of Greenwood continue its beautification of downtown. The city is planning new sidewalks and street lamps for Main Street to produce a cohesive look and feel among city blocks. Mayor Carolyn McAdams tells the Greenwood Commonwealth the city will get $1.12 million from the Mississippi Department of Transportation. [...] [...]

City faces shortfall as tax collections continue to decline

COLUMBUS — Sales tax collections continue to lag behind last year’s revenue, raising questions about whether the city will have to amend its budget or dip into reserves to make up the difference. The Commercial Dispatch reports January revenue was reported at about $626,000, a drop of more than $24,000 from the same period in [...] [...]

G-P planning seven-state expansion project

by MBJ Staff Published: March 25,2013

Tags: agriculture, expand, expansion, facility, forest, forestry, fund, funding, lumber, plan, plant, sawmill, timber, tree, wood

ATLANTA — Georgia-Pacific is developing plans for potential investments, which total nearly $400 million, in its plywood and lumber operations. The company has approved funding for significant engineering and is evaluating facilities in a number of southern states, including North Carolina, South Carolina, Georgia, Alabama, Mississippi, Arkansas and Texas. The effort would increase Georgia-Pacific’s overall [...] [...]

Cities going in different directions on public transit system

STARKVILLE and VICKSBURG — One city is preparing to open a new public transportation system while another city is struggling to keep its system running. A proposed public transportation system linking the entire Starkville community is on track and should help lower traffic congestion, aid economic development efforts and strengthen the bond between Starkville and [...] [...]

Officials concerned over depleted casino fund reserves

by Associated Press Published: February 27,2013

Tags: casino, city government, fund, gamble, gambling, gaming, infrastructure, public education, reserve, school, school district

GREENVILLE — The city of Greenville has about $12,000 remaining from the $1.6 million in casino revenue budgeted this fiscal year. The Delta Democrat Times reports that in previous years the city used other tax revenue or borrowed money for day-to-day operations and various repairs. For the fiscal year that began Oct. 1, 2012, the [...] [...]

PEER reviews trauma care fund, makes recommendations

JACKSON — In response to a legislative request, the PEER Committee has conducted a review of the revenues, distributions and expenditures of the Mississippi Trauma Care Systems Fund. The Legislature created the state’s trauma care system to “reduce the death and disability resulting from traumatic injury.” Participants in the state’s trauma care system are the [...] [...]

State adopting Pew system to measure effectiveness of spending

by Associated Press Published: January 16,2013

Tags: appropriation, benefit, fund, funding, spending, state government, system, tax, taxpayer

JACKSON — Mississippi officials are adopting a national system created by the Pew Center for the States to measure how much benefit a dollar of public spending creates. The system is first being set up to measure the effectiveness of criminal justice and corrections programs, but could be expanded to other areas in the future. [...] [...]

Restoration of historic lighthouse runs out of funds

PASCAGOULA — The restoration project for Pascagoula’s historic Round Island Lighthouse is moving forward, but needs $350,000 more to be completed. Community and economic development director Jen Dearman tells The Sun Herald a significant amount of work has been done, but the department is asking residents to get more involved. The City Council approved a [...] [...]

County not banking much on revenue from casinos

NATCHEZ — Adams County officials are being careful not to count too heavily on gambling revenue in 2013, despite the opening of a new casino. The Natchez Democrat reports the county has only budgeted for an additional $95,000 in gambling revenue for fiscal year 2013. For the fiscal year that ended in September 2012, a [...] [...]

City borrowing from gas fund to meet obligations

by Associated Press Published: January 7,2013

Tags: appropriation, borrow, budget, city, emergency, energy, finaces, fund, government, loan, municipal, municipality, natural gas, property, tax

OLIVE BRANCH — Olive Branch officials will borrow $1 million from the city’s natural gas fund to meet financial obligations. Mayor Sam Rikard tells the Commercial Appeal the funds would be repaid with interest once property tax collections come in. It’s not uncommon for cities to take out tax anticipation loans. Officials may borrow from [...] [...]

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