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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 This material may not be published, broadcast, rewritten or redistributed.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 86 393 21,159
MORTGAGES 94 424 24,785
FORECLOSURE NOTICES 0 93 8,703
BUILDING PERMITS 173 1,010 43,347
BANKRUPTCIES 52 292 14,194
BUSINESS LICENSES 15 90 6,491
UTILITY CONNECTIONS 28 167 13,678
MARRIAGE LICENSES 12 89 5,158

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