Home » Tag Archives: budget (page 33)

Tag Archives: budget

University budgets, what’s the bottom line? 

In Jan. 25, Dr. Hank Bounds paced back and forth in an empty State Institutions of Higher Learning (IHL) board room. The usually upbeat commissioner of higher education sighed, looked over his notes and paced some more. Bounds was waiting on a meeting of the IHL’s Board of Trustees to finalize tuition hikes. As someone who personally struggled to pay ...

Read More »

Ross says no talk of college mergers

JACKSON — College Board president Scott Ross says the board has had no discussions about merging any of Mississippi’s public universities. Ross told lawmakers yesterday that the board assumed Gov. Haley Barbour’s proposal to merge eight universities into five was “dead on arrival” because the House Universities Committee chairman opposes it. Ross’ comments prompted murmurs of approval from many of ...

Read More »

PSC offering unspent funds to lawmakers

JACKSON — The Public Service Commission (PSC) has sent a letter to the chairmen of the House and Senate appropriations committees making them aware of $5 million in unspent funds that is currently held in the Public Service Commission Regulation Fund. In the letter, the commissioners said that the money cannot be spent by the agency, “and therefore is available ...

Read More »

Natchez looking to slash budget

NATCHEZ — Natchez Mayor Jake Middleton says he has asked for all department heads to cut 5 percent of their budgets by Friday. Middleton says he took the action because the Mississippi River city is faced with lagging sales tax collections and falling revenues in other areas. Middleton met with all city department heads Monday. The Natchez Democrat reports that ...

Read More »

Barbour cuts more than $200 million from state’s budget

One of the biggest storylines in state politics in 2009 is likely to be at or near the top of the list in 2010. State revenues have failed for 15 consecutive months to meet estimates. The budget for fiscal year 2010 has already been cut twice and it is a guarantee it will have to be slashed again before the ...

Read More »

Budget cuts could mean releasing prisoners

Holmes sheriff: Prisoners are already released too soon To balance the state budget for fiscal year 2010, Gov. Barbour said in an Oct. 13 statement he will likely have to impose a 5 percent cut to Medicaid. Although it is anybody’s guess, this could mean drastic prescription drug benefit cuts to Medicaid beneficiaries. Medicaid is funded by both federal and ...

Read More »

Who’s next on the chopping block?

Gov. Barbour has the ax out but has yet to take another hack at the 2010 budget   When Mississippi’s tax collections for September came in Oct. 1, they fell short of estimates that were made only a few months ago, estimates made even with a recession in mind. Still, the numbers produced a fair amount of shock. The damage: ...

Read More »

TVA sales plummet with $7.2-billion shortfall

The Tennessee Valley Authority (TVA) board has approved a 2010 budget of $10.2 billion for operating expenses and $2.3 billion in capital investments. The board also took several actions to reduce the impact on consumers of a projected $7.2-billion shortfall for the period 2010 through 2012, including $1.9 billion in budget cuts and $2.8 billion in additional borrowing primarily to ...

Read More »