Treasurer Tate Reeves issues statement regarding the Governor’s State of the State Address
Jackson, Miss. (January 15, 2007) - “Over the last three years,
we have made tremendous progress in climbing out of the budget mess we
inherited from the previous administration. We must continue our work
to improve our state’s financial situation, and I commend Governor
Barbour for recognizing the importance of rebuilding our reserves and
the Rainy Day Fund to help accomplish this goal. In the aftermath of
Katrina, Mississippians understand better than most the need to save
for a rainy day.”
“ We must remain cautious as we approach the budget process this year.
Katrina has brought a huge amount of uncertainty to our ability to
accurately forecast revenues. I urge the Legislature to delay major budget decisions
until we have as much information regarding available monies as possible.
The uncertainty of revenues and the large amount of one time money
flowing into our state requires patience as a key ingredient in the budgeting
process.”
