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Jackson officials find $400,000 they...

Jackson officials find $400,000 they hope to use to offset deficit

By: Magnolia Tribune - November 6, 2007

The Clarion-Ledger, 11/6/7

Jackson officials on Monday said they found $400,000 to fill a revenue void created when Mayor Frank Melton refused to raise water and sewer rates.

It was unclear where the money was found.

The city needs $2.9 million to cover a $3.2 million deficit for the fiscal 2008 budget. A majority of City Council members told administration officials, including Director of Finance Rick Hill, to present no more money-related matters to them until the budget is balanced.

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.