City under-budgeted debt payments by $1M+ in 2019
The city of Columbus paid more than $1 million in excess of what was initially budgeted for general obligation bond debt in 2019, according to the city’s audit report for that year.
2019 audit reveals unbalanced accounts, untracked assets
The audit of Columbus’ finances for Fiscal Year 2019 showed issues with the city budget that went beyond the misdeeds of the former chief financial officer charged with embezzlement, certified public accountant Wanda Holley told the city council at its Tuesday meeting.
City carves out $805K in savings, new revenue
The city has shored up its financial position this fiscal year by at least $805,000, according to a report Mayor Robert Smith presented to city councilmen Tuesday evening at the Municipal Complex.
Poll: Americans more upbeat about own finances than economy
Americans are of two minds about the economy in the midst of an election race that largely hinges on the issue. They are strikingly pessimistic about the national economy yet comparatively upbeat about their own financial circumstances.
Education, government finances tightly linked
Grab the nearest kindergartner and tell her this: Stay in school and study hard because Mississippi’s long-term economic outlook depends on you. If you slack off and drop out before getting a decent level of education, your state government — that is, your fellow citizens — might have to pay higher interest rates to retire long-term public debt 20 years from now.
Shape up finances in the new year
Another year will soon begin, and with it, people will make resolutions for financial fitness and better spending and saving habits.
Interest transfer helps balance school budget
The Oktibbeha County School District transferred nearly half a million dollars to their general fund so they can finish out the 2009-2010 budget year in good financial shape.