JACKSON, Miss. (AP) – Gov. Haley Barbour and key lawmakers have set a conservative revenue estimate for the next budget year, citing predictions the state’s economy will lag behind any national recovery.
Barbour and the Joint Legislative Budget Committee, which met Tuesday, also revised the revenue estimate for the current fiscal year, increasing it by $46 million.
Officials were acting on the recommendations of a committee led by state economist Darrin Webb, who says it will take years to fully recover economic ground lost during the recession.