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VOL. 127 | NO. 222 | Tuesday, November 13, 2012

Mississippi Leaders Cautious in Setting Revenue Estimate

EMILY WAGSTER PETTUS | Associated Press

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JACKSON, Miss. (AP) – Mississippi Gov. Phil Bryant and top lawmakers say they've set a conservative estimate of how much money the state can spend.

Bryant met Monday with the Joint Legislative Budget Committee. They agreed on a 1.1 percent increase in the revenue estimate for the current year, which ends June 30.

They also agreed on an additional 2.5 percent increase in the estimate for fiscal 2014, which begins July 1.

The estimates are based on Mississippi's slow economic growth.

This Wednesday, the governor releases his spending recommendations for education, health care and other state services for fiscal 2014. Legislators release their recommendations Dec. 11.

Both plans will be debated during the legislative session that starts Jan. 8.

The House and Senate face an April 1 deadline to adopt a final budget.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 0 58 3,853
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 58 305 14,339
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 0 93 4,650

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