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Posts tagged as:

State Budgets

House OKs $100M budget restoration

January 27, 2010 Mississippi

By Molly Parker, The Clarion-Ledger (Jackson)
Dozens of school superintendents watched from the balcony as House lawmakers passed a measure Tuesday that would restore $100 million to the state budget – a big chunk of it earmarked for K-12 education.
The latest House proposal calls for spending $50 million each from the rainy-day and tobacco settlement funds.
“We [...]

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Barbour: Cut or face consequences

January 19, 2010 Mississippi

MOLLY PARKER @ Clarion Ledger
Gov. Haley Barbour emphasized Monday the importance of working together, then warned House lawmakers that failure to yield additional budget-cutting authority to him would result in thousands of criminals turned “loose onto civil society.”
In Barbour’s seventh annual State of the State address, he said if not granted budget-cutting flexibility he is [...]

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What exactly is governor’s authority to cut

January 11, 2010 Mississippi

By Bobby Harrison at Captiol Blog
JACKSON — There seems to be quite a bit of confusion about  the authority the governor has to cut the state budget when revenue collections come in lower than projections.
With a few notable exemptions to his cutting authority, the governor can cut any agency up to 5 percent. But he [...]

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Mississippi denies Allstate rate increase

January 8, 2010 Mississippi

THE ASSOCIATED PRESS
Mississippi officials have rejected a request from AllState Property and Casualty Insurance Co. to more than double insurance rates for 51,000 homes statewide.
Mississippi Insurance Commissioner Mike Chaney sent the rejection order Thursday after specialists reviewed the request and found a 65 percent increase was not justified, said Mark Haire, deputy insurance commissioner.
“They filed [...]

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Mississippi Treasurer: Tobacco payments down in ‘09

January 7, 2010 Mississippi

Mississippi Treasurer Tate Reeves says the state’s latest tobacco settlement collection was more than $8 million below expectations.
Reeves sent Gov. Haley Barbour a letter about the shortfall on Wednesday.
Several tobacco companies transfer money to Mississippi each year as payment for the massive lawsuit the state filed against cigarette makers in the 1990s.
The annual payments are [...]

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