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Tag Archives: budget

Sales tax collections rose on Coast in July

MISSISSIPPI GULF COAST — July sales were up in most cities across South Mississippi and topped $1 million for the third straight month in Biloxi. The Sun Herald reports Mayor A.J. Holloway attributed the increases to the opening of the new Walmart Supercenter, Margaritaville Casino and Sharkheads souvenir shop since spring. The August report released by the Mississippi Department of ...

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Mayor vetoes budget adopted by City Council

GULFPORT — Mayor George Schloegel has vetoed the 2012-2013 budget adopted by the Gulfport City Council last week. Schloegel urged the council yesterday to take another look at “right sizing” the city staff and cutting expenses. Council president Ricky Dombrowski told The Sun Herald a small group of council members would meet to consider the mayor’s proposals. Neither the mayor’s ...

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Hood presents check for $35M to state lawmakers

JACKSON — Attorney General Jim Hood has delivered a check to lawmakers for over $35 million in monies recovered by his office. As part of the Average Wholesale Price (AWP) litigation, the $35 million returned to the state includes more than $12 million from a settlement with Barr Laboratories Inc., IVAX Pharmaceuticals Inc., Sicor Pharmaceuticals Inc. and Teva Pharmaceuticals USA ...

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Economist: State shouldn't expect big boost from Isaac

JACKSON — State economist Darrin Webb says he does not expect Mississippi to see a surge in tax collections after Hurricane Isaac the way it did after Hurricane Katrina. “My thinking is that while in theory there may be some slight uptick in revenues as a result of Isaac, it will be inconsequential,” Webb told the Northeast Mississippi Daily Journal. ...

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State revenues miss estimate due to accounting glitch

JACKSON — An accounting glitch prevented state revenue collections from matching the revenue estimate for the month of August by $13.7 million. The Northeast Mississippi Daily Journal reports in July, some unnamed retailers reimbursed to the state $17.6 million more in sales tax collections than they owed, according to the revenue report produced by the staff of the Legislative Budget ...

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Mayor Davis has perks cut, but gets raise

Southaven Mayor Greg Davis is losing $40,000 in annual perks in the city’s new budget. But he is getting a $5,000 a year raise. The Commercial Appeal reports in approving a new budget this week, aldermen bumped Davis’ base pay from its current $145,000 annually to $150,000. However, the board removed a $35,000 annual stipend Davis had received for running ...

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Supervisors' proposed budget could mean higher taxes

NATCHEZ — If the Adams County Board of Supervisors approves its proposed budget for fiscal year 2013, taxpayers could see their taxes go up ever so slightly. While the budget currently being considered by the supervisors kept the county millage for 2012-2013 at the same rate as the current year, the Natchez-Adams County School District’s requested millage increased. For a ...

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City chooses contractor to restore Coast lighthouse

PASCAGOULA — The city of Pascagoula has approved a $636,000 contract with Biloxi’s J.O. Collins Contractor Inc. for the final construction and restoration of the Round Island Lighthouse. The Mississippi Press reports local officials expect the circa-1850s, 45-foot tall lighthouse should be back near the base of the U.S. 90 high-rise bridge by Thanksgiving 2013. Work will include cleaning, repairing ...

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Universities want bonds to fund $264M in construction

ACROSS MISSISSIPPI — Mississippi’s public universities say they need $684 million in building renovations and new construction. Officials know lawmakers won’t provide that much money next year. So instead, they’d like predictability when it comes to state bond funding. The College Board voted to forward the top 10 construction priorities of each institution to the Legislature. Lawmakers did not approve ...

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