JACKSON — Gov. Haley Barbour today signed Senate Bill 2495, which allocates $82 million from state reserves to partially restore budget cuts for district attorneys, the state court system and education.
The bill allocates $41.13 million to public schools and universities, including $33 million for the Mississippi Adequate Education Program, $2 million for National Board Certification for teachers and $2 million for the Ayers settlement.
“This legislation restores a portion of the budget cuts in critical services, including law enforcement, healthcare and other needs,” Barbour said. “I thank the Senate and House for their hard work in reaching this compromise.
“The difficult economic period for our state is not over. There is a strong indication that more spending cuts for Fiscal Year 2010 may be necessary, as state revenues continue to lag below budget projections, and we still face the task of assembling the budget for fiscal year 2011. However, through fiscally conservative and responsible budgeting, Mississippi can emerge from this recession stronger and better than ever.”
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info