House Budget Chief: Reduce One-Time MoneyBy Jeffrey Hess | Published 23 Apr 2012 05:06pm |
The deadline for Mississippi lawmakers to craft a new state budget is less than a week away. MPB's Jeffrey Hess reports that the House appropriations chairman is trying to reduce Mississippi's reliance on one-time money to fill out its budget.
The house and senate are currently working together to fashion a compromise state budget for the fiscal year that begins July first.
Speaking at a Stennis Press Luncheon in Jackson yesterday, appropriations chairman Herb Frierson of Poplarville says one of his top goals is reducing the amount of one time money....like tobacco control and educational enhancement funds...used to fill out the budget.
"We are going to try and cut the one time money down by over 100-million this year. And try to come back in '14 and do the same thing again. Once we get around that 200-million number, we are getting to be in a very manageable situation with it and we are about to get out of it," Frierson said.
Last year, the lawmakers spent nearly a billion dollars in one time money to fill out the 5-and-a-half billion dollar budget.
The deadline to finish the budget is next Monday.
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