The Joint Legislative Budget Committee will meet at 9 a.m. Tuesday in Room 216 of the Capitol to review state revenue projections, Lt. Gov. Tate Reeves said in a news release Monday. Reeves serves as chairman of the committee this year.
“Speaker Gunn and I share a goal to only spend recurring revenues on recurring expenses,” Lt. Gov. Reeves wrote. “If the experts recommend an increase in expected revenues tomorrow, it is more likely that we can reach that goal this year. That would be a significant accomplishment considering we inherited a budget that spent more than $450 million in one-time money on recurring expenditures just three years ago.”
The Legislature is crafting a budget for the next fiscal year, which begins in July.
The Joint Legislative Budget Committee includes House Speaker Philip Gunn; Reps. Angela Cockerham, Herb Frierson, John Moore, Jeff Smith, Greg Snowden, and Preston Sullivan; andSens. Terry Brown, Terry Burton, Buck Clarke, Joey Fillingane, Dean Kirby and Willie Simmons.