Posts Tagged ‘money’

Governor’s prosposing to cut most agencies by 1.5 percent

by Associated Press Published: November 15,2012

Tags: appropriation, budget, economy, financing, funding, goverment, governor, money, proposal, state

JACKSON — Gov. Phil Bryant is proposing that most state agencies take a 1.5 percent budget cut during fiscal 2014, which begins next July 1. Republican Bryant released his $5.8-billion spending plan yesterday at the Capitol. It’s 2.3 percent larger than the current year’s budget of nearly $5.7 billion. Legislative leaders release their own fiscal […] [...]

Auditor’s Office closes embezzlement investigation

BROOKHAVEN — Mississippi Auditor Stacey Pickering has closed his office’s investigation into embezzlement by a former Lincoln County Circuit Clerk. Pickering last week delivered a check for more than $61,000 to Lincoln County Supervisors. The Brookhaven Daily Leader reports the check represents the last of the money the auditor’s office says Terry Lynn Watkins had […] [...]

City’s tax collections up; looking to lease golf course

GREENVILLE — Though there were some hiccups in revenue collections for some city departments during the 2011-12 fiscal year, Greenville ended up with about $122,000 more in collections than the previous year. Steve Osso, the city’s external financial consultant, tells The Delta Democrat Times Greenville brought in almost $15.8 million over the period compared to […] [...]

Ex-teller accused of stealing for drugs pleads innocent

GULFPORT — A Biloxi woman has pleaded not guilty to stealing $80,980 from a bank’s vault while she was employed as a vault teller. The Sun Herald reports 29-year-old Ashley Ann Keel entered her plea yesterday in U.S. District Court in Gulfport. Her trial is set for Dec. 3. Magistrate Judge Robert H. Walker ordered […] [...]

Mayor asks judge to make state give back his money

by Associated Press Published: October 12,2012

Tags: audit, city, court, executive, judge, mayor, money, municipal government, politician, SCANDAL, state

SOUTHAVEN — Southaven Mayor Greg Davis has asked a Hinds County judge to return to him the $96,000 he paid to the state amid allegations of misspending city money. The Commercial Appeal reports Davis filed a motion in Hinds County Chancery Court, where he is locked in a dispute with State Auditor Stacey Pickering over […] [...]

Southern Miss’ athletic department runs up $1.2M-plus deficit

by Associated Press Published: October 8,2012

Tags: athlete, athletics, budget, education, fund, funding, higher education, money, sports, university

HATTIESBURG — The University of Southern Mississippi’s athletic department owes the university more than $1.2 million for deficits it ran in three of the past four fiscal years, and the department predicts a shortfall of at least $1 million for 2012-13. But interim Southern Miss president Aubrey Lucas tells the Hattiesburg American measures taken by […] [...]

Southern Miss gets money from Point Cadet settlement

by MBJ Staff Published: October 5,2012

Tags: dispute, education, funding, higher education, land, money, property, real estate, settlement, state agency, university

HATTIESBURG — Secretary of State Delbert Hosemann has presented the University of Southern Mississippi with a check for $366,100. The funds are part of a settlement agreement reached in 2002 resolving longstanding land issues on a piece of property located at Point Cadet in Biloxi. As part of the settlement agreement, funds generated from rents […] [...]

Ex-bank teller denied bond; accused of stealing money for drugs

by Associated Press Published: September 30,2012

Tags: arrest, bank, banker, banking, drugs, embezzlement, finance, financial institution, money, steal, theft

GULFPORT — A former teller for Hancock Bank has been denied bond on a federal criminal complaint alleging she stole more than $80,000 from the bank. The Sun Herald reports 29-year-old Ashley Keel was denied bond Wednesday in U.S. District Court. Court records show that in an interview with the FBI, Keel admitted taking money […] [...]

Hancock Holding launches new investment fund

GULFPORT — Hancock Holding Company has launched the Hancock Horizon Diversified Income Fund as a new addition to the company’s $1.5-billion family of investment funds. The fund seeks to generate steady income from a combination of financial investments. Hancock Horizon Funds senior vice president and chief investment strategist John Portwood, CFA, said, “This will be […] [...]

Two-year schools want $101.7M budget increase for 2014

JACKSON — Mississippi’s 15 community and junior colleges are seeking an additional $101.7 million in the 2014 budget year, again arguing that they’ve been particularly ill-treated in recent state spending plans. Eric Clark, executive director of the Community College Board, told lawmakers yesterday money would go to expand worker training, buy new equipment to train […] [...]

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