Treasurer Lynn Fitch says Mississippi has “over $400 million” in rainy day fund

Fitch Talks State Finances

Meridian, Miss. Mississippi state treasurer Lynn Fitch says she is very pleased with how things have gone for the state financially over the past couple of years.

Fitch tells our John Johnson that her office essentially runs the state’s bank, which she says is roughly $25 billion a year in transactions…

…we have over four hundred million dollars in our rainy day fund.”

WTOK
8/31/14