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Tag Archives: rainy day

Reeves not sure if schools will have to dip into reserves

JACKSON — It’s too early to decide whether local school districts should be required to tap into their financial reserves if there’s a dip in state education funding for the coming budget year, Lt. Gov. Tate Reeves said yesterday. When Gov. Phil Bryant, a fellow Republican, unveiled his budget last week, he recommended that the 152 local districts should use ...

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Bryant's budget proposal calls for spending cuts, more rainy day money

JACKSON — Gov. Phil Bryant proposed yesterday to cut state spending by $26 million to $5.49 billion in 2013 while also insisting on building $100 million in state reserves. The newly inaugurated Republican summarized his first budget as a “lot of cuts,” saying he won’t raise taxes and that state revenues have yet to recover from the recession. “I tell ...

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