Mississippi Lawmakers Pass Three Bills Authorizing $200 Million of Debt

Sigo, Shelly
April 2003
Bond Buyer;4/4/2003, Vol. 344 Issue 31608, p4
Trade Publication
Mississippi lawmakers have approved bills authorizing nearly $200 million of debt for colleges, capital expenses, and a rural economic development program. In another bond bill, the Legislature authorized the sale of about $140 million of GOs for public colleges and universities, community colleges, state buildings, and other capital needs. The debt authorized for sale by the Legislature is on target with the recommendations of state treasurer Marshall Bennett, who advised lawmakers to limit debt sales to $200 million in fiscal 2004 because of the double-AA-rated state's budget problems.


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