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Tag Archives: budget

Higher education, tourism officials ask for more state funding

JACKSON — The two systems that run Mississippi’s public universities and community colleges each want lawmakers to increase their budgets by more than $75 million, arguing more state spending on higher education will help residents earn higher incomes and bolster the future of the state. State agencies are presenting requests to the 14-member Joint Legislative Budget Committee this week, setting ...

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Lawmakers question education leaders about escalating administrative costs

JACKSON — State education officials making their legally-mandated push to support Mississippi’s school funding formula were questioned yesterday in a budget hearing about rising spending on administrators and whether lawmakers should spend more money on programs not included in the formula. The Legislature would have to add an estimated $311.7 million to the Mississippi Adequate Education Program in the 2016 ...

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Legislators begin work on FY2016 state budget

JACKSON — Top lawmakers are starting to plan Mississippi’s budget for the coming year. The Joint Legislative Budget Committee is meeting this week to hear state agencies’ requests for money for fiscal 2016, which begins July 1. The hearings are open to the public. They are being held today through Friday at the Woolfolk state office building near the Capitol. ...

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Biloxi mayor vetoes proposed budget; city council to take up issue

BILOXI — Mayor A.J. Holloway says he vetoed the fiscal year 2014-15 budget adopted by the Biloxi City Council because it provides a spending reserve of only $56,000. Holloway said yesterday that such a low amount would put the city’s credit rating at risk. Biloxi Council President Kenny Glavan said the council will take the issue up at their next ...

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Port Authority sets 'conservative' budget of $12.9M

PASCAGOULA — Jackson County Port Authority commissioners have set a of $12.9 million budget for the Port of Pascagoula for the coming year. Port Director Mark McAndrews tells The Mississippi Press that the spending plan, adopted this week, is conservative. He says port revenues are relatively flat. Fiscal 2015 begins Oct. 1 for local governments. McAndrews says commissioners have created ...

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State budget narratives speak loudly as lawmakers face re-election

JACKSON — Writing a state budget is not only about numbers. It’s also about narrative. With most Mississippi lawmakers seeking re-election in 2015, everyone who helps write the budget, or simply votes for it, will be eager to tell constituents that the spending plan is one of the strongest and most efficient in state history. Lawmakers who vote against the ...

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Will lawmakers approve less borrowing for public universities?

JACKSON — The price of predictability for Mississippi’s public universities is likely to be less money to spend on capital projects in the state’s 2016 budget year. The College Board yesterday approved $710 million in bonding requests, as agencies make requests of the Legislature in advance of next year’s sessions. Lawmakers are likely to borrow much less. Next year will ...

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City leaders craft cost-cutting budget with no tax increase

JACKSON — Mayor Tony Yarber and his team have devised a financial plan that he says will reduce city of Jackson spending by $110 million without any tax hike. Yarber outlined about his proposed budget with city council members yesterday. The budget is nearly a 22 percent decrease from fiscal year 2014. The total budget is $392.5 million for the ...

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Tupelo schools adopt budget calling for raises without tax increase

TUPELO — The Tupelo School Board has adopted a budget that includes a 2 percent cost-of-living pay raise for all non-teaching staff, including principals, assistant principals, secretaries, custodians, bus drivers and maintenance workers. Teachers are already scheduled to get a raise approved by state legislators, and the school board previously approved one for assistant teachers. The district’s average teacher salary ...

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Former Gov. Musgrove pushing lawsuit to school districts

JACKSON — A group of lawyers including former Gov. Ronnie Musgrove is traveling Mississippi trying to get school districts to sign up for a lawsuit against the state seeking repayment of the $1.5 billion that the state had underfunded its K-12 school formula in recent years. Backers of a separate effort to write a full-funding requirement into the state Constitution ...

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