State Budget Cuts

Mississippi Governor Phil Bryant says he’s making another round of budget cuts and will take $10 million out of the state’s rainy day fund. This is the first round of cuts since fiscal year 2016 started last July. The reason is because state revenues are falling short in a sluggish economy.
Bryant says he is making across-the-board cuts to less than one half of one percent of budgets of most agencies on Wednesday. He did not immediately have a dollar figure. He says a few programs won’t be cut such as Veteran’s Affairs, the state military department, student loans and schools for the blind and deaf.
Bryant also says he expects to call a special session in June or later to allocate the $110 million the state will receive from the BP oil spill settlement.