Posts Tagged ‘spending’

NRF: Retail sales increased nationwide in most categories

WASHINGTON — Warmer spring weather spurred continued consumer spending and activity this March. According to the National Retail Federation, March retail sales, which exclude automobiles, gas stations and restaurants, increased 0.8 percent adjusted month-to-month and 1.6 percent unadjusted year-over-year. NRF president and CEO Matthew Shay said, “Retail sales increased in most categories and sectors as […] [...]

Report criticizes MDOT’s accounting; says road/bridge funding inadequate

JACKSON — A new report calls for Mississippi’s road-building agency to do more to account for the money it spends, but agrees the state isn’t spending enough money to maintain its roads and bridges. The report, released Friday by a legislative watchdog committee, could figure prominently into the ongoing debate over raising more money for […] [...]

Legislators increase spending estimate; Bryant agrees

JACKSON — Top lawmakers yesterday increased the estimate of how much money Mississippi can spend on state government programs this budget year and next. Members of the Joint Legislative Budget Committee voted to increase the revenue estimate from just under $5.1 billion to just over $5.2 billion for fiscal 2014, which ends June 30. They […] [...]

Officials looking more closely at state agency budgets

JACKSON — Leaders of Mississippi government agencies are facing scrutiny about everything from office space to travel expenses as they request money for fiscal 2015, which begins July 1. The 14-member Joint Legislative Budget Committee started annual hearings yesterday — the first step in a lengthy process of deciding how to divvy up state tax […] [...]

Legislators, group want PEER to review State Port expansion

GULFPORT — Two lawmakers and a community coalition are asking a legislative committee to release a report that analyzes spending on state port expansion. “This is public monies, so it should be public knowledge,” Rep. Sonya Williams Barnes, D-Gulfport, said at a news conference held yesterday in Gulfport. Rep. David Baria, D-Bay St. Louis, said […] [...]

Kemper coal plant now faces spending review

by Associated Press Published: July 15,2013

Tags: coal, construction, COST, electricity, Kemper County, Mississippi Power Co., power, Power plant, Robert Burns, spending, utility

KEMPER COUNTY — The next battle over a Kemper County power plant will hinge on whether Mississippi Power Co.’s spending on the project was prudent — and that decision may come months later than a July 24 date that state regulators had agreed to earlier this year. The utility recently asked the state Public Service […] [...]

TROTTER: Big spenders vs. big savers

by Ike Trotter Published: June 28,2013

Tags: finance, Ike Trotter, money, saving, spending

You stand at your window and look across the street. Nice house, you think. Nice landscaping. Nice sports car. Nice driveway. New bikes for the kids. Wow, if only you had that kind of money . . . . On the other hand, the plain home down the street with the older model sedan parked […] [...]

NFIB survey finds optimism in economy rising, but…

WASHINGTON — After last month’s disappointing drop in small-business confidence, April’s Index of Small Business Optimism from the National Federation of Independent Business rose 2.6 points to 92.1, just above the recovery average of 90.7. In April’s report, four Index components rose, two fell and six were unchanged. Yet pessimism abounds within the sector, as […] [...]

Dems hold ‘public hearing’ on education funding

JACKSON — Mississippi Democrats have renewed their calls for more education funding in the state budget. At a meeting billed as a “Democratic Public Hearing,” Rep. Rufus Straughter, D-Belzoni, lamented the consistent gaps between education funding determined by the Mississippi Adequate Education Program and what has been approved by the state legislature. He said that […] [...]

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. […] [...]

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