Category: Economic
Treasurer Tate Reeves: ‘No New Bonds in 2008’
Mississippi state Treasurer Tate Reeves released the following fiscal update today. Reprinted verbatim:
Jackson, Miss: (January 17, 2008) - State Treasurer Tate Reeves spoke to the Joint Legislative Budget Committee and other members of the House and Senate today at the annual fiscal briefing. In Reeves briefing, he made a recommendation that the Legislature withhold from authorizing the issuance of any new bonds in the 2008 session. According to Reeves, since 2003 the states debt has begun to level off, and in order for this positive trend to continue the Legislature must reduce the authorization of new bonds. ғWe have made great progress in the last few years reducing the overall debt burden on Mississippi taxpayers Reeves said. ԓGiven the budget challenges that face the Legislature this year, the only fiscally prudent approach to bonds is to forego the pressure and not authorize any new debt.
Posted by ladd at 11:49 AM on 01/17/08. Discuss (2)
[C-L]Major Economic Development Plan is a New Jet Engines Parts Plan in Batesville
According to the Clarion Ledger, General Electric is implementing a jet-engine parts plant in Batesville. Governor Barbour and Scott Donnelly will be announcing the plan in northwest Mississippi this afternoon.
Original plans called for the plant to be built by late 2007 or early 2008, but it was not known this morning whether that timetable has changed.
When complete, the plant will construct composite fan blade platforms for a new generation of jet engines.
Posted by kate at 10:37 AM on 05/29/07. Discuss (2)
[Release]Barbour Announces Major Economic Development Project in Northeast Mississippi
Governor Haley Barbour; Scott C. Donnelly, President and CEO of General Electric Aviation; and other officials will hold a press conference on Tuesday, May 29, 2007, to announce a major economic development project in Northwest Mississippi. The press conference will be held at the Batesville Civic Center (290 Civic Center Drive, Batesville 38606) at 2:30 p.m.
Posted by kate at 10:30 AM on 05/29/07. Discuss (4)
[S-H] Jamie Franks: I’m Conservative on Social Issues
The Associated Press is reporting that Democrat Jaimie Franks is saying that he is conservative on social issues such as abortionbut that his campaign will focus on economic issues:
State Rep. Jamie Franks, the only Democrat running for lieutenant governor this year, says that on social issues such as banning abortion and same-sex marriage, he’s at least as conservative as the two Republicans in the race. “The real issues that we are going to talk about once you set those aside, are economics, education and things of that nature that affect the everyday lives of the people of this state,” Franks, 34, said during a news conference Tuesday at the Capitol.
“You can count on Jamie Franks, when it comes to social issues, to be on the conservative side,” he said.
Posted by ladd at 11:47 AM on 05/16/07. Discuss (1)
[Desk] Barbour to Make Tupelo Eco-Devo Announcement—Toyota???
A press alert just came from Gov. Haley Barbour:
(Jackson, Miss.) Governor Haley Barbour will make a major economic development announcement at a news conference on Tuesday, February 27, 2007, in Tupelo, Miss. The news conference will begin at 9 a.m. at Tupelo High School’s Performing Arts Center, 4125 Cliff Gookin.
Speculation is that this is he is going to announce the luring of a Toyota plant. This is great news, especially considering that Toyota is America’s No. 1 car producer now over GM.
Posted by ladd at 06:50 PM on 02/26/07. Discuss (0)
[News] ‘Two Lake’ Developer McGowan Against Eminent-Domain Limits
The Northside Sun has a story about developer John McGowan’s opposition to the eminent-domain bill before the Mississippi Legislature, that would limit the government’s ability to take private land for use by private developers:
According to McGowan over 100 people own land that would be affected by the LeFleur Lakes project, and if a stricter eminent domain amendment or bill is passed, just one landowner, owning even the smallest piece of land in that area, could stop the project from being built by refusing to go along with the project.
?If we go in there and we get everyone but one person ? and we want to build an island and a downtown park and do it privately ? the way this law reads that?s impossible,? McGowan said. ?One person could fold his arms and say, ?I?m going to shut this whole thing down,? and there isn?t a thing a judge can do about it the way that law is written.?
Posted by ladd at 01:33 PM on 01/27/07. Discuss (13)
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