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News  |  Magnolia Tribune  • 
January 7, 2009

Deeper state budget cuts likely, officials say

The Clarion-Ledger, 1/6/9 Deeper cuts to Mississippi’s budget appear likely as December revenues fell 9.5 percent below what was anticipated, and state officials expect the effects of another round of trimming would be more keenly felt. Almost $356 million was collected last month, according to the State Tax Commission. That’s $16.6 million less than the…
News  |  Magnolia Tribune  • 
January 7, 2009

Hinds seeks $1.5M loan to make payroll

The Clarion-Ledger, 1/6/9 Hinds County is taking steps to borrow $1.5 million to pay bills and make payroll until property taxes are collected. The county has not had to take out such a loan before, but the weak economy and a tight budget make it likely to happen. The Board of Supervisors voted 4-1 Monday,…