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Tag Archives: budget

Analysis: Even modest revenue growth good news for lawmakers

End-of-the year revenue collections suggest Mississippi’s lawmakers could have a little extra money to spend when they return for their election-year session in January 2019. Preliminary numbers released by the Legislative Budget Office show that thanks to strong May and June collections, the state’s General Fund ended $88 million over the level that budget writers had estimated back in the ...

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Budget work completed, session nearing end

The Mississippi Legislature finished work Tuesday on its $6.1 billion budget when legislation passed both chambers to set parameters on the state’s Medicaid program. With the budget completed, only a few items remain to be finished during the 2018 session, which could end as early as today. The state House was holding final passage of the budget for the Division ...

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Key decisions to be made this week before legislators finalize budget

How much money the Legislature will have to fund education, health care, law enforcement and other vital services for the upcoming fiscal year, beginning July 1, will be dependent on some key actions during the coming week. As of right now, the Legislature’s official revenue estimate is that the state will have slightly less revenue – $1.5 million or .03 ...

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Downward budget trend could continue in 2018

By BOBBY HARRISON / Daily Journal JACKSON – If preliminary numbers hold, 2018 will mark the third consecutive session where Mississippi legislators cut state spending. The budgets proposed for the upcoming fiscal year by both the Legislative Budget Committee and by Gov. Phil Bryant call for less spending than the budget passed in the 2017 session for the current fiscal ...

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Mississippi lawmakers seek higher reserves, less spending

Top Mississippi lawmakers, seeking to put more money in reserve, propose small cuts for most state agencies in the coming year. The Joint Legislative Budget Committee, meeting Monday, adopted a plan that would cut more than 1 percent from overall state spending in the 2019 budget year, which begins July 1. It would be the second straight decline in state ...

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Analysis: Mississippi budget practices receive mixed grades

A nonpartisan group that evaluates state government budget practices is giving mostly midlevel marks to Mississippi. The Volcker Alliance was formed four years ago by Paul A. Volcker, a former board chairman of the Federal Reserve, with the goal of making government more efficient. The alliance issued a report Nov. 2 called “Truth and Integrity in State Budgeting,” which evaluates all states’ ...

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Small decrease expected for Mississippi budget next year

Mississippi is on track to have a slightly smaller budget in the coming year under a revenue estimate adopted Wednesday, a change that reflects caution about the state’s economy. Top lawmakers approved a projection that the state will have $5.6 billion available to spend during fiscal 2019, which begins July 1. That is $1.5 million less than the estimate for ...

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BILL CRAWFORD — Quickie budget hearings produce few surprises

The Legislature’s quickie budget hearings produced few surprises last week. Schools, colleges, and universities, as usual, asked for lots more money while legislators, as usual, focused on holding down spending.   One unusual aspect, compared to recent history, was the absence of a looming budget cut due to revenue shortfalls. State tax collections for the first two months of this ...

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Mississippi legislators conducting budget hearings this week

Lawmakers are starting to work on a Mississippi budget for the year that begins July 1. The Joint Legislative Budget Committee meets Thursday and Friday in Jackson. Members will hear funding requests from the Department of Education, the Division of Medicaid and a few other agencies. Legislators used to hold extensive budget hearings throughout September to hear from large and small departments. ...

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Mississippi community college costs up 13 percent after cuts

Tuition and fees at Mississippi’s 15 community and junior colleges will rise by 13 percent this fall, with the average annual price exceeding $3,000 for the first time as schools try to offset state budget cuts. That’s bad news for students like Temeria Payton of Canton, who is studying liberal arts and foreign languages at Holmes Community College in Ridgeland. ...

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