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News  |  Magnolia Tribune  • 
September 28, 2007

Slow state economy expected

The Clarion-Ledger, 9/28/7 Mississippi can expect slow economic growth through December 2008, state economist Phil Pepper said Thursday. His forecast, along with millions of dollars in agency budget deficits, likely will force lawmakers to recommend a conservative spending plan for next fiscal year. Pepper told members of the Joint Legislative Budget Committee that the anticipated…
News  |  Magnolia Tribune  • 
September 28, 2007

Reserves tapped for budget

The Clarion-Ledger, 9/28/7 Jackson council members returned to City Hall Thursday – a day after Mayor Frank Melton’s profanity-laced tirade – and quietly balanced Jackson’s 2007 fiscal budget, erasing a $3 million shortfall with money from the reserve fund. In a 3-2 vote, council members amended an ordinance that dropped the amount of reserves required…