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Tag Archives: budget

Mississippi lawmakers examine agencies’ travel expenses

Mississippi legislators are combing through state agencies’ travel reports to try to cut costs on events such as out-of-state conferences. Members of House and Senate budget groups met Monday with several officials, including Medicaid director David Dzielak and Corrections Commissioner Marshall Fisher. Many agencies require multiple levels of supervisors to approve travel expenses. Dzielak said he signs off on employees’ ...

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Partisan divide shapes Mississippi budget discussions

Mississippi lawmakers are on separate tracks as they discuss state taxes and spending, with divisions defined largely by political party. During different meetings Wednesday at the Capitol, a group consisting mostly of Republicans looked for ways to trim the budget, while Democrats heard from a researcher who recommended Medicaid expansion and more education spending to close the gap between rich ...

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Gov. Bryant believes he’s done cutting budget this year

By BOBBY HARRISON Daily Journal Gov. Phil Bryant says he does not anticipate having to make any more budget cuts this year to offset sluggish revenue collections. “I think we are in good shape right now,” the Republican governor said recently. “We are within the revenue number.” Bryant said any issues dealing with the budget for the current fiscal year ...

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Mississippi not the only state with budget gloom

 “Gloomier and more uncertain.” The words don’t inspire confidence, but analysts are using them to label the outlook for state budgets across the country. The description is apt in Mississippi, where tax collections sputtered during the budget year that ended June 30 and expectations are less than rosy for the new year that started July 1. The new report about states’ ...

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Analysis: Mississippi health care trust fund whittled away

It seems almost quaint now, the optimism that Mississippi legislators expressed in 1999 when they created a health care trust fund. The idea was to sock away the state’s multimillion-dollar annual payments from a tobacco lawsuit. The trust fund balance would grow, the money would be invested and the state would spend only the earnings to cover health care expenses. ...

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Mississippi budget writers setting FY17 revenue estimate

JACKSON — Mississippi’s top budget writers are deciding how much money the state will have available to spend in the coming year. Gov. Phil Bryant meets Monday with the 14-member Joint Legislative Budget Committee. They are analyzing economic trends to determine a revenue estimate. That is their best guess for how much the state might collect in taxes and fees ...

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Mississippi Senate supports $555M tax cut plan

JACKSON — Mississippi senators on Tuesday overwhelmingly backed a plan to cut business taxes and income taxes by $555 million over 15 years, and House Republican leaders seem increasingly receptive to it. The Senate voted 40-11 to pass House Bill 1629 with 32 Republicans and eight Democrats supporting the bill. The measure would cut individual and corporate income taxes by ...

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Reeves proposes more income tax cuts, bumping total to $550M

JACKSON — Lt. Gov. Tate Reeves says he wants to cut income taxes by a larger amount than he has previously proposed. The Republican says Monday he wants to increase the size of his tax cut to $550 million over 15 years. That would include $300 million in income tax cuts, eliminating the first $350 of income tax liability for ...

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Mississippi lawmakers working on early version of budget

JACKSON — Mississippi legislators are working on early proposals to fund state government during the year that begins July 1. The House passed several budget bills Wednesday, including one that would add about $106 million to schools. The proposed education budget includes about $40 million to give pay raises to teachers. It would put tens of millions more dollars into ...

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Bryant's budget proposal includes income tax cut

JACKSON — Gov. Phil Bryant wants to cut income taxes for low-earning Mississippians as part of his 2016 budget proposal. Bryant, a Republican, said today that he’s seeking a $78.7 million tax cut for families earning less than $50,000 a year. It’s the centerpiece of his spending plan for the 2016 budget year, which begins July 1. Bryant is expected ...

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