Mississippi Business Journal » state budget

Gov. Bryant suggests a frugal budget for state

Bill Crawford — Fri, 07 Dec 2012 21:51:07 +0000

Gov. Phil Bryant has recommended a frugal, balanced budget to the Legislature, saying, “We must take a balanced approach and spend only the money we have.” Highlights of his recommendation include: >> $24 million in new spending to improve education outcomes; >> $8.5 million in new spending to expand and upgrade the Mississippi Highway Patrol; [...]

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

Associated Press — Fri, 21 Sep 2012 11:57:51 +0000

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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Public universities asking lawmakers for $72.4M budget increase

Associated Press — Wed, 19 Sep 2012 12:33:20 +0000

ACROSS MISSISSIPPI — Mississippi’s institutions of higher learning have asked lawmakers for $72.4 million more for the fiscal year that begins next July 1. “We’ve made a lot of cuts. We have consolidated programs. Now we have hit a wall,” higher education commissioner Hanks Bounds told members of the Joint Legislative Budget Committee yesterday. Bounds [...]

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Public universities asking for an additional $72.4M

Associated Press — Fri, 22 Jun 2012 15:46:19 +0000

AROUND MISSISSIPPI — Mississippi’s eight public universities want an additional $72.4 million in budget year that starts in July 2014. Higher Education Commissioner Hank Bounds told the College Board the schools need money to increase faculty salaries and cover pension contributions. State money to universities will fall $32 million to $670 million in the 2013 [...]

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Valley State laying off staff due to state budget cuts

Associated Press — Thu, 14 Jun 2012 15:00:17 +0000

ITTA BENA — Mississippi Valley State University is laying off about 4 percent of its staff as a response to continued state budget cuts. Spokeswoman TaRessa Stoval tells The Greenwood Commonwealth the 21 employees being laid off include clerical personnel, service personnel and mid-level managers. The cuts take effect June 30. She says the affected [...]

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State tax collections exceed forecast, but agencies still face budget cuts

Associated Press — Thu, 07 Jun 2012 20:19:53 +0000

ACROSS MISSISSIPPI — Mississippi tax collections are up, but lawmakers say state agencies still might face budget cuts during the 2013 session. Because of a sluggish economy, Mississippi still hasn’t recovered from the Great Recession. Tax collections remain below where they were during the fiscal year that ended June 30, 2008. The Northeast Mississippi Daily [...]

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House, Senate working on separate budget proposals

Associated Press — Mon, 26 Mar 2012 12:28:04 +0000

JACKSON — The Mississippi House and Senate are working on separate budget proposals, and they would both slightly increase the funding for public schools in the coming year. There are some other differences in the ways the two chambers propose to pay for state government during the fiscal year that begins July 1. The Senate [...]

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Legislature passes first versions of budget bills

Associated Press — Thu, 22 Mar 2012 14:41:13 +0000

JACKSON — Mississippi legislators are starting to pass the first versions of budget bills for the year that begins July 1, but much of what they’re approving now is likely to change during the next several weeks. The House and Senate face a late-April deadline to allocate money for everything from schools to prisons. Top [...]

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Gathering at Capitol asks for more money for two-year colleges

Associated Press — Wed, 21 Mar 2012 14:50:49 +0000

JACKSON — About 100 community college students, teachers and administrators gathered at the state Capitol yesterday to ask Mississippi legislators for more money to meet the needs of a student population that has grown as the economy has struggled. Wearing green t-shirts that played off the “Survivor” TV show logo, students enrolled in some of [...]

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Better-than-expected revenue collections could affect budget process

Associated Press — Tue, 20 Mar 2012 15:35:19 +0000

JACKSON — Top Mississippi lawmakers say that because of relatively robust tax collections, they may increase the estimate of how much money the state can spend during the coming fiscal year. Yet Republican Lt. Gov. Tate Reeves said yesterday that even if the revenue estimate increases, state agencies shouldn’t expect their spending to rise. So [...]

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