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Miss. revenue trends could bolster...

Miss. revenue trends could bolster budget projections

By: Magnolia Tribune - March 21, 2012

Miss. revenue trends could bolster budget projections

Because of relatively robust tax collections, top Mississippi lawmakers say they may increase the estimate of how much money the state can spend during the coming fiscal year.

Yet, Republican Lt. Gov. Tate Reeves said Monday that even if the revenue estimate increases, state agencies shouldn’t expect their spending to rise.

So far, budget writers have recommended cuts for most agencies for fiscal 2013, which begins July 1. Increasing the budget estimate could simply make some of the cuts smaller, Reeves said.

AP
3/19/12

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.