State agencies looking for $1.34B more

State agency heads are requesting an additional $1.34 billion in funds for the next budget year, which begins July 1.

Those funding requests are to the 14 members who comprise the Legislative Budget Committee. Starting Monday, the committee, which is chaired this year by Speaker Philip Gunn, R-Clinton, and includes Lt. Gov. Tate Reeves, will meet for a week with many of the agency heads who made the requests.

Later this fall, the 14 legislative leaders who make up the Budget Committee will meet with Gov. Phil Bryant to adopt an official revenue estimate, representing the amount of revenue expected to be collected during the next fiscal year and representing the amount of money available to appropriate.

Read more: djournal.com – State agencies looking for 1 34B more
9/16/12