Posts Tagged ‘spending’

Gov. Bryant revises his proposed state budget

JACKSON — Gov. Phil Bryant is revising his state budget for the year that begins July 1. In his new plan, released yesterday, the Republican no longer asks local school districts to dig into their own financial reserves to offset state funding cuts. Instead, he proposes giving elementary and secondary schools, community colleges and universities […] [...]

New prison is expected to provide economic boost for region

YAZOO CITY — Federal officials have proposed spending $28.4 million next year to run a high-security federal prison in Yazoo City. Local and congressional officials hope the prison will boost the region’s economy. Federal justice officials tell The Clarion-Ledger construction of the 1,216-bed facility is nearly complete. They say it should be ready to open […] [...]

Bryant’s budget proposal calls for spending cuts, more rainy day money

JACKSON — Gov. Phil Bryant proposed yesterday to cut state spending by $26 million to $5.49 billion in 2013 while also insisting on building $100 million in state reserves. The newly inaugurated Republican summarized his first budget as a “lot of cuts,” saying he won’t raise taxes and that state revenues have yet to recover […] [...]

Davis will not resign despite state, federal investigation into spending

SOUTHAVEN — Fourth-term Southaven Mayor Greg Davis said yesterday he plans to remain on the job amid continuing state and federal scrutiny of his spending of city money. “I am looking forward to continuing working for all the citizens of Southaven. For that reason, I have no intentions of resigning,” Davis said during his first […] [...]

Schools spend $14M less on textbooks than in 2008

ACROSS MISSISSIPPI — School districts across Mississippi spent $14 million less on textbooks last year than they did three years ago. The Clarion-Ledger reports the state Department of Education spent $22 million on textbooks last year. That’s a decrease from the 2008-09 school year, when the reported textbook expenses total was $36 million. While amounts […] [...]

Barbour to release state budget proposal today

JACKSON — Mississippi Gov. Haley Barbour today is releasing his state spending plan for the coming budget year. The Republican leaves office when his second term ends Jan. 10, nearly six months before fiscal 2013 begins on July 1. He will make recommendations that new lawmakers and incoming Republican Gov. Phil Bryant can use as […] [...]

Barbour, lawmakers set FY2013 spending at $4.6B

Gov. Haley Barbour and key legislative leaders have decided the Legislature will have $4.6 billion to spend in fiscal 2013 that begins next July 1. As usually happens, the figure could change dramatically before lawmakers complete the 2012 session in May. It represents the first framework for the budget — an estimate of how much […] [...]

Economists expect to see lower economic growth figures

by Published: July 30,2010

Tags: economy, jobs, spending

WASHINGTON — The already fragile economic recovery may be getting weaker. Economists expect the government to report today that economic growth slowed in the April-to-June quarter as consumers bought less, builders pulled back further and cash-hungry state and local governments cut spending. Wall Street analysts surveyed by Thomson Reuters predict the economy expanded at a […] [...]

Consumer confidence plummeted in June

by Published: June 30,2010

Tags: consumer confidence, economy, spending

NEW YORK — Americans, worried about jobs and the sluggish economic recovery, are losing confidence, causing a widely watched index to tumble in June and raising concerns about consumer spending in the critical months ahead. The Conference Board, a private research group based in New York, said yesterday that its Consumer Confidence Index dropped almost […] [...]

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