by Associated Press Published: May 5,2013
Tags: appropriations, budget, economics, tax, tax collections
ACROSS MISSISSIPPI — Mississippi tax collections were $46 million, or 8.2 percent, below the estimate for the month of April. Kathy Waterbury, a spokeswoman for the state Department of Revenue, said the majority of drop may be due to timing of receipts and processing. “We won’t know for certain until all of the income tax [...] [...]
by Associated Press Published: August 15,2012
Tags: acquisition, board of supervisors, county, county government, electricity, energy, power, power generation, Power plant, tax, tax collections
BATESVILLE — South Mississippi Electric Power Association plans to buy a Batesville power plant for almost $286 million, a spokeswoman said yesterday. SMEPA spokeswoman Sara Peterson said the utility won a bankruptcy auction Monday to buy the assets of LSP Energy. Hattiesburg-based SMEPA generates and transmits power to 11 cooperatives in southern and western Mississippi. [...] [...]
by Associated Press Published: July 20,2012
Tags: appropriations, budget, elementary education, elementary school, funding, funds, high school, junior high school, lawmaker, legislation, legislative, Legislature, public school, school, school district, secondary education, stat budget, state government, tax, tax collections
JACKSON — Mississippi’s public school system will seek an additional $320 million for the 2014 budget year, according to figures released yesterday. Each year, the state Board of Education must compute the amount called for under the state’s kindergarten through grade 12 funding formula, called the Mississippi Adequate Education Program. Under the 1997 law that [...] [...]
by Associated Press Published: July 19,2012
Tags: appropriations, budget, budget cuts, city, cut, economy, funding, funds, municipal government, municipality, property tax, recession, Sales Tax, tax, tax collections
GULFPORT — Gulfport city officials are being told they are going to have to make millions of dollars in spending cuts. Gulfport is on track to end this fiscal year with a $1 million deficit that could climb to $4 million in 2013, finance director Mike Necaise said. The problems include revenue shortfalls and increased [...] [...]
by Associated Press Published: June 14,2012
Tags: appropriations, budget, colleges, education, higher education, layoff, recession, revenues, Staff, state budget, tax collections, unemployment, universities
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 [...] [...]
by Associated Press Published: June 12,2012
Tags: appropriations, bonds, debt, education, elementary schools, funding, funds, high schools, junior high schools, kindergartens, learning, municipal govertnment, revenues, school districts, schools, secondary schools, students, tax collections, taxes, taxpayers
JACKSON — Jackson residents will soon pay more in taxes supporting the city’s school district. When 81 percent of voters in 2006 approved a $150 million bond issue to build more schools and improve others, it meant they were willing to have property taxes raised to pay that debt. But city leaders didn’t raise taxes [...] [...]
by Associated Press Published: June 7,2012
Tags: appropriations, budget, lawmakers, legislators, Legislature, revenues, state agencies, state budget, state government, tax collections, taxes
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 [...] [...]
by Associated Press Published: May 7,2012
Tags: budget, municipal government, record, Sales Tax, tax collections, tax revenues, taxes
BROOKHAVEN — Brookhaven’s latest sales tax report showed record numbers, but some officials don’t want to get too excited just yet because the city is lagging behind some neighbors. The Daily Leader reports Brookhaven’s March sales tax report came in at $415,468.14. In March 2011, it was $400,912.36. Mayor Les Bumgarner says that’s the highest [...] [...]
by Associated Press Published: May 4,2012
Tags: bills, Conventions, hotels, lawmakers, laws, legislative, legislators, Legislature, lodging, meetings, motels, municipal government, state government, tax collections, taxes, tourism, tourists, visitors
HORN LAKE — The state Auditor’s Office says Horn Lake needs to place money collected from an unauthorized hotel-motel tax into an escrow account until the issue is resolved. City officials told The Commercial Appeal yesterday they have already been doing so. The issue stems from a $2 per night tax on hotel and motel [...] [...]
by Associated Press Published: May 1,2012
Tags: appropriations, executive, governor, legislation, legislators, Legislature, revenues, state government, tax collections, taxes
JACKSON — Mississippi lawmakers have completed their part of the state budget process, passing a final batch of appropriations bills. The overall $5.6 billion budget is for fiscal 2013, which begins July 1. The House and Senate yesterday passed bills giving funds to the Mississippi Development Authority, the Department of Finance and Administration, and the [...] [...]
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