Budget writers in the Mississippi Legislature will have slightly less money to spend during the coming year than they did in the current one. Top members of the House and Senate met Friday and set a revenue estimate of $7.6 billion for the year that begins July 1. That is a decrease of 1% from the current year.
Budget writers in the Mississippi Legislature will have slightly less money to spend during the coming year than they did in the current one. Top members of the House and Senate met Friday and set a revenue estimate of $7.6 billion for the year that begins July 1. That is a decrease of 1% from the current year. The estimate is experts' best guess of how much money the state will collect, based on economic trends including employment rates and consumer spending patterns.
Legislators are in a four-month session that is scheduled to end in early May. During the next few weeks, they are supposed to finish writing the budget for the coming year, deciding how much to spend on schools, prisons, health care and other services. Republican Lt. Gov. Delbert Hosemann said Friday that legislators will be prudent with money
Mississippi Legislature Budget Revenue Estimate Decrease Economic Trends Spending Schools Prisons Health Care Services Delbert Hosemann
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Medicaid expansion plans and school funding changes still alive in Mississippi LegislatureBills to expand Medicaid and rewrite the funding formula for public schools are among measures still alive in the Mississippi Legislature.
Read more »
Mobile Sports Betting Bill Moving Again in MississippiMobile sports betting legislation has lurched forward in the Mississippi legislature after weeks of motionlessness.
Read more »
Podcast: Inside the Medicaid expansion debate at the CapitolMississippi Today details the first earnest debate about Medicaid expansion at the Mississippi State Capitol.
Read more »
Australian Dollar edges lower amid a lower equity market, stable US DollarThe Australian Dollar (AUD) retraces its recent gains registered on Tuesday, edging lower on Wednesday.
Read more »
Could lower apartment occupancy lead to lower rent prices in San Antonio?With the rapid growth in San Antonio, new apartment complexes are being built and the San Antonio Apartment Association said that could mean lower rent rates.
Read more »
Alaska Legislature passes replacement bill that funds faster Internet for rural schoolsThe bill passed the House on Wednesday, March 20, making it through the Senate on Monday, March 25.
Read more »