Home     MS House Video Feed     MS Senate Video Feed    
Lawmakers to follow '98 percent rule'

Mississippi lawmakers say they intend to follow their own "98 percent rule" this session as they write a $5.6 billion state budget.

That shouldn't sound like a big deal, but given their actions of the past few years, it is.

A law enacted in the early 1990s says only 98 percent of anticipated revenue should be included in any budget. Part of the remaining 2 percent is supposed to go into cash reserves, and part is supposed to carry forward into the following year's budget -- a head start on funding for the future.


Posted March 26, 2012 - 1:08 pm

YallPolitics.Com now uses Facebook for comments. Log into Facebook to comment here.

©2005-2017 Jackson New Media, Inc. All rights reserved. Contact us at editor at yallpolitics.com