Legislature, flush with cash, passes budget, completing work for 2024 session by Bobby Harrison, Mississippi Today May 3, 2024 The Mississippi Legislature completed its work for the 2024 session on Friday with the passage of a $7 billion state budget – 5.8% larger than the budget it passed last year. The $7 billion reflects the amount spent on recurring expenses.
$50 million for work on state office buildings throughout the state. In total, $820 million was committed in surplus funds for building projects throughout the state. Plus, $110 million in surplus funds was pumped into the Public Employees Retirement System to help shore up the government pension plan. In terms of the budget to operate agencies, House Appropriations Chair John Read, R-Gautier, said state agencies are receiving an average 5% year-over-year increase in funding.
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