Community colleges seek more bond funding

Community colleges say they deserve more bond funds

JACKSON – Mississippi’s 15 two-year colleges are seeking a significant increase in the amount of bond revenue they receive from the state Legislature.

The community colleges are requesting $150 million in bonds over a two-year period, they recently told the legislative leaders who serve on the Legislative Budget Committee.

The Legislature generally authorizes the issuance of bonds to finance long-term construction projects, such as on higher education and community college buildings, for state-owned buildings and for economic development and tourism projects.

Daily Journal
9/27/17