Mississippi Business Journal » municipal govewrnment http://msbusiness.com Mississippi Business Journal Tue, 21 May 2013 19:01:33 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Auditor tells Coast city leaders to stay out of reserves http://msbusiness.com/blog/2012/07/19/auditor-tells-coast-city-leaders-to-stay-out-of-reserves/?utm_source=rss&utm_medium=rss&utm_campaign=auditor-tells-coast-city-leaders-to-stay-out-of-reserves http://msbusiness.com/blog/2012/07/19/auditor-tells-coast-city-leaders-to-stay-out-of-reserves/#comments Thu, 19 Jul 2012 14:54:45 +0000 Associated Press http://msbusiness.com/?p=59875 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 [...]

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