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Posts tagged as:

Budget Cuts

More state budget cuts are announced

December 23, 2009 Louisiana

By Robert Travis Scott at Times-Picayune
BATON ROUGE — Obligated to close a $247.9 million gap in the current-year state budget, Gov. Bobby Jindal announced cuts for agencies across the board Tuesday, including $108.1 million in health dollars and $84 million from higher education.
Slack tax revenue during the recession is leaving state coffers short of anticipated [...]

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Barbour says Miss. revenue continues to lag / $320M in tax credits OK’d

November 3, 2009 Mississippi

Gov. Haley Barbour says Mississippi’s tax revenue for October was 6.7 percent below estimates, and he doesn’t expect the trend to change soon. By The Associated Press, The Daily Journal (Tupelo)
Six companies that list Mississippi as part of their service areas have been tapped to receive a combined $320 million in new-market tax credits [...]

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Prepaid tuition holders plan caravan to Alabama Capitol for PACT meeting

November 3, 2009 Alabama

An organization of people who hold PACT contracts is planning a caravan from Birmingham to Montgomery on Wednesday and a march to a meeting of the board of directors of the troubled prepaid college tuition program. By Stan Diel, The Birmingham News

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Universities join for cost-saving measures

November 2, 2009 Mississippi

It’s as predictable as day following night. Already hit with a 5 percent budget cut this year and bracing for another 3 percent cut, the state’s university system is putting together cost-cutting plans to increase efficiency. By Ed Kemp, Hattiesburg American

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To Tax or Not to Tax: That is the Question

October 2, 2009 Mississippi

After several months of tax revenues tanking and a repeat in September, the Governor Haley Barbour has stated that state budgets will face deeper cuts to its 2010 budget.   According to the State Tax Commission, the state collected $404.9 million for the coffers which is $44.9 million, or 10%, less than what was anticipated.   [...]

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