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News  |  Magnolia Tribune  • 
November 6, 2013

Miss. bond rating outlook downgraded from ‘stable’ to ‘negative’

Miss. bond rating outlook downgraded from ‘stable’ to ‘negative’ Fitch Ratings on Tuesday downgraded Mississippi’s bond rating outlook from “stable” to “negative,” saying lawmakers have relied too much on “one-time” money for recurring expenses and continue to raid the state’s rainy day fund to balance the budget. While the agency did not drop the state’s…
News  |  Magnolia Tribune  • 
November 6, 2013

Miss. budget writers increase revenue estimates

Miss. budget writers increase revenue estimates Top lawmakers are increasing the estimate of how much money Mississippi can spend on state government programs this budget year and next. The Joint Legislative Budget Committee met Tuesday. Members voted to increase the current year’s revenue estimate from just under $5.1 billion to just over $5.2 billion. They…