2017 State Fiscal Budget
Three of the state’s top leaders plan to follow the State’s Rainy Day fund law. Governor Phil Bryant, Lieutenant Governor Tate Reeves and speaker of the house Philip Gun all agree only 98 percent of the state’s projected revenue for the upcoming fiscal year should be budgeted during the 2017 session. Setting aside 115 million dollars or about two percent of the budget is the main reason they propose spending less for the upcoming fiscal year. That means spending less of what is currently being expended to fund state government. The governor and other state leaders say they plan to follow the law during the 2017 session. Mississippi lawmakers could spend part of their 2017 session revising a change they made to the State Budget in 2016.