Mississippi Business Journal » funds

Audit finds circuit clerk owes more money

Associated Press — Sun, 12 May 2013 20:09:37 +0000

VICKSBURG — An unfinished 2012 audit of Warren County says Circuit Clerk Shelly Ashley-Palmertree owes the county more than previously thought and supervisors will ask for payback this week. The Vicksburg Post reports the five-member board will meet in special session to demand the clerk repay fees beyond the state-set cap for fee-based public officials. “We’re [...]

The post Audit finds circuit clerk owes more money appeared first on Mississippi Business Journal.

Mayor’s request to have repayment reduced is denied

Associated Press — Thu, 11 Apr 2013 11:34:23 +0000

SOUTHAVEN — A Hinds County judge has denied a request from Southaven Mayor Greg Davis to throw out part of the $70,000 that the state auditor alleges he owes for unsubstantiated personal expenses. WMCTV in Memphis reports Davis’ argues that his reimbursements followed state law and he had the authority to approve his city travel. [...]

The post Mayor’s request to have repayment reduced is denied appeared first on Mississippi Business Journal.

Bonding company repays county for missing arena funds

Associated Press — Wed, 03 Apr 2013 11:43:46 +0000

CORINTH — Alcorn County supervisors have accepted $34,678 from the bonding company for former Crossroads Arena manager Reggie Churchwell to replace missing funds found by state auditors. The Daily Corinthian reports the money will be paid by Travelers Casualty and Surety Company. The board of supervisors signed off on the amount Monday. In October of [...]

The post Bonding company repays county for missing arena funds appeared first on Mississippi Business Journal.

Interim agency director cannot account for $4M

Associated Press — Mon, 18 Feb 2013 13:13:50 +0000

BILOXI — The interim director of the state Department of Marine Resources says he cannot account for about $4 million in state Tidelands money spent over the past decade. But Danny Guice told the Sun Herald he is not calling the money missing. He said it appears the money was spent on projects. “I’ve never [...]

The post Interim agency director cannot account for $4M appeared first on Mississippi Business Journal.

Mayor’s civil trial continued, but judge urging settlement

Associated Press — Wed, 30 Jan 2013 13:04:31 +0000

SOUTHAVEN — Mayor Greg Davis’ civil trial in Jackson has been continued until May, but there are discussions that the judge in the case has urged both sides to settle the matter before then. At the end of yesterday’s hearing, The Commercial Appeal reports a Hinds County chancellor called attorneys for both sides into his [...]

The post Mayor’s civil trial continued, but judge urging settlement appeared first on Mississippi Business Journal.

Ex-Coast mayor wants judge to toss Katrina fraud plea

Associated Press — Tue, 25 Sep 2012 13:24:33 +0000

GULFPORT — A former Gulfport mayor is asking a federal judge to throw out his guilty plea almost three years ago to a felony charge of stealing FEMA funds. The plea deal Brent Warr entered into with the government allowed him and his wife to walk out of court with no prison time. The Sun [...]

The post Ex-Coast mayor wants judge to toss Katrina fraud plea appeared first on Mississippi Business Journal.

FEMA offering assistance to update flood maps, develop flood data

Associated Press — Thu, 26 Jul 2012 15:09:08 +0000

ACROSS MISSISSIPPI — The Federal Emergency Management Agency is providing money to help some areas of Mississippi update their flood maps and develop information on flooding risks. The Vicksburg Post reports the activities dovetail onto work completed since 2002 to update flood maps in Mississippi. In 2011, technical adjustments to Warren County’s maps took areas [...]

The post FEMA offering assistance to update flood maps, develop flood data appeared first on Mississippi Business Journal.

Plans coming to repair horse track, but no funding

Associated Press — Fri, 20 Jul 2012 22:53:03 +0000

STARKVILLE — Mississippi Horse Park director Bricklee Miller says a local engineer is currently developing plans to repair the facility’s damaged harness racing track, but funding is needed to go forward on the project. Once repair plans and cost estimates are finalized, Miller said she would approach the Oktibbeha County Board of Supervisors about funding [...]

The post Plans coming to repair horse track, but no funding appeared first on Mississippi Business Journal.

Public schools to ask for $320M increase to 2014 budget

Associated Press — Fri, 20 Jul 2012 15:15:55 +0000

JACKSON — Mississippi’s public school system will seek an additional $320 million for the 2014 budget year, according to figures released yesterday. Each year, the state Board of Education must compute the amount called for under the state’s kindergarten through grade 12 funding formula, called the Mississippi Adequate Education Program. Under the 1997 law that [...]

The post Public schools to ask for $320M increase to 2014 budget appeared first on Mississippi Business Journal.

Auditor tells Coast city leaders to stay out of reserves

Associated Press — Thu, 19 Jul 2012 14:54:45 +0000

OCEAN SPRINGS — Auditors have told Ocean Springs to avoid — if they can — dipping in cash reserves in preparing a new city budget. City leaders borrowed $1.7 million from the city’s reserves last year, leaving $822,000. Auditors told the board of aldermen that good financial practices recommend a reserves balance of $2.7 million [...]

The post Auditor tells Coast city leaders to stay out of reserves appeared first on Mississippi Business Journal.