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Tag Archives: NEWS

Buying is cheaper than renting in Mississippi, for now

By BECKY GILLETTE It probably comes as no great surprise to most people who have both owned and rented a home in Mississippi that buying is cheaper than renting. A national GoBankingRates survey that used estimated rental and mortgage rates on Zillow found that average rents in Mississippi were $1,039 compared with monthly mortgage payments averaging $886. That made it ...

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TODD SMITH — Local newsrooms can still flourish, compete in digital age

Since 2000, nearly half of newsroom jobs – more than 20,000 of them – have disappeared. Revenues have plummeted by almost $20 billion. Newspapers continue to be shuttered, and layoffs are a regular headline. In telling the story of the changing fortunes of the newspaper industry, the focus has been on large metro and national newspapers. Less attention is given ...

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Mississippi Choctaws voting on proposal to create 4th casino

Members of the Mississippi Band of Choctaw Indians will vote on developing a fourth casino, which would be on tribal land at the center of the state. Choctaws will decide Thursday whether to create a gambling site on tribal land in the Red Water community just north of Carthage, The Clarion-Ledger reported. Red Water is about 23 miles (37 kilometers) west of ...

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Second phase of Smith Park renovation underway

By JACK WEATHERLY The second phase of the restoration of Smith Park in downtown Jackson is underway. Concrete water courses with “boulders” are being removed and earthen berms will be leveled before the greensward is resodded, according to a release from Downtown Jackson Partners. A safety fence has been erected around the park, which will be closed for two months during ...

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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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BILL CRAWFORD: Reeves’ fiscal plan risky for teachers and retirees

State economist Darrin Webb projects state general fund revenues will fall for the third consecutive year. That’s unusual. According to the Northeast Mississippi Daily Journal, declines of just two years in a row “have only occurred four previous times since 1970.” Jeff Amy with the Associated Press in an excellent analysis of the Mississippi’s economy said, “State spending this year ...

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Former Jackson developer arrested for embezzlement

Former developer David Watkins, 68, turned himself in to authorities Wednesday night after being indicted on two counts ofembezzling bond money intended for a development project he managed, Attorney General Jim Hood said. Watkins turned himself in to the Madison County Sheriff’s Department on one count of wire fraud and one count of embezzlement, Hood said. The indictment, which was ...

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Another Mississippi city furls Confederate-themed state flag

Another Mississippi city will stop flying the state flag because it includes the Confederate battle emblem that critics see as racist. Aldermen in Cleveland voted 3-2 Tuesday to remove the flag from display at City Hall, the police department and other municipal property. Two aldermen were absent. Mississippi has used the same flag since 1894 and it has the last ...

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