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Merry Christmas from Magnolia Marketplace

December 22nd, 2009 Clay Chandler 1 comment

Apologies for the extended neglect of the blog. With the Holidays switching up the schedule here at the MBJ, we’ve had to cram two work weeks into one. That’s not a complaint, because it means we’re getting a few days off to do the Christmas routines, watch bowl games, drink eggnog and watch more bowl games.

Big things happened in 2009. Some good, some not good, some pretty bad. We took a look back in this week’s edition. Next week, we’ll look forward with some predictions for 2010 from some of the state’s business and political experts. There’s a surprise or two in there. Look for it.

In that vein, some personal predictions from Magnolia Marketplace:

• The legislative session that starts in a couple weeks will be wild and woolly.

• And despite what each party’s leadership says now, the state’s budget for fiscal year 2011 will not be done by the end of March, though we’d love to be proven wrong.

• No state agency will be happy with its appropriation for FY2011.

• In fact, many agency heads will cry bloody murder.

• Gov. Haley Barbour’s proposal to merge the three HBCUs into one will get absolutely nowhere in the Legislature, but that’s not going out on much of a limb.

• The Congressional campaign between Republican State Sen. Alan Nunnelee and Travis Childers, the Democrat from Booneville who represents the First District, will be a humdinger, with the national committees from each party pouring lots of money into it.

• The tone of the campaign will be exceedingly nasty.

• Toyota will announce it is ready to move forward with the Blue Springs plant.

• By this time next year, we’ll have a much clearer picture of the gubernatorial candidates for 2011, particularly on the Democratic side.

• On Jan. 2, Jevan Snead will throw at least one interception in the Cotton Bowl.

• Magnolia Marketplace will hit the ceiling when he does.

To you and yours, Merry Christmas. We’ll see you Dec. 28.

October revenue numbers well below estimates

November 2nd, 2009 Clay Chandler No comments

It’s appropriate that Halloween was two days ago, because the state’s revenue collections for October that were released just a few minutes ago are frightening.

Per Kathy Waterbury of the Mississippi State Tax Commission:

• The MSTC collected $390 million in October, which is $27.8 million below the estimate made just before the Legislature adjourned the 2009 session in late June. Advancing the Halloween theme, that represents a shortfall of 6.66 percent.

• For the first four months of fiscal  year 2010, revenue is 7.42 percent short of estimates, for a total shortfall of $105.2 million. Spread out over the entire fiscal year, that would put the state short about $315 million by the time FY11 start next July 1. That number is right in the middle of Gov. Haley Barbour’s $275 million to $350 million estimate he made when he announced budget cuts in September.

As has been the case in prior months, sales tax revenue and individual income tax revenue led the downward spiral, Waterbury said.

Magnolia Marketplace will be at the monthly meeting of the Stennis Capitol Press Corps at lunch today. Ole Miss Chancellor Dr. Dan Jones is the speaker. It will be interesting to see what he says about his institution’s budget situation as it relates to today’s revenue news. We’ll have the details as soon as they’re available.

Natchez man offers solution to serious tailgating problem

October 23rd, 2009 Clay Chandler 1 comment

If you’ve ever had a tailgate marred by exhaustion from lugging coolers and chairs through the Grove searching for one tent among thousands that look the same, Zach Jex is here to help.

Jex, a 28-year-old attorney in Natchez, launched www.gamedaymap.com last Friday, a Web site that pinpoints tailgates anywhere on the Ole Miss campus.

Jex, who earned an undergraduate degree and a J.D. from Ole Miss, created Gameday Map out of necessity.

“We drive four hours there and you only have a couple of hours to meet up with whatever friends from college and their parents,” Jex said. “You just don’t want to spend that much time looking for them.”

Tagging a tailgate on the site’s map application is free and easy. After a quick registration, drag the tent icon to your location on the map. Give a rundown of the crowd, what there is to eat and drink, and you have a Web page devoted to your tailgate. Anybody who needs to can point their browser to Gameday Map and find you.

“It’s a pretty simple process,” Jex said.

Jex started working on the site about two months ago. He used a freelance Web site to hook up with developers in India to build it.

Getting Gameday Map up and running before the start of football season was important, Jex said, due to interest in the site likely to decline sharply once the season ends.

Although he missed the first two home games against Southeastern Louisiana and Alabama, Jex believes five games’ worth of data will provide a good look at the site’s viability. Including Arkansas tomorrow, the Rebels still face Northern Arizona, Tennessee and LSU in Oxford.

The first round of numbers look promising. Four days after it launched, Gameday Map had 5,565 page views, with each visitor flipping through an average of four pages. Thirty-seven tailgates had been tagged as of Friday morning.

“Way beyond what I thought,” is how Jex described the initial response. “Only about 10 percent of people who have done it are people I know. So it’s not just my friends signing up.”

Like it does for the sanity of Ole Miss fans, this football season carries a lot of weight for Jex and his site. He has already approached the Mississippi Technology Alliance about setting him up with investors. If this season goes well, Jex hopes to raise enough capital to add other campuses. “We’d like to do the entire SEC and then move to every college that wants it,” he said.