Mississippi Today

State revenue slows as phase-in of income tax cuts begins

Published

2 years ago

October 10, 2023

Mississippi tax collections have taken a downward trend during the first quarter of the new fiscal year as the state has collected $18.9 million or 1.02% less than what was collected during the same time last year.

The slowdown comes during the first year of the phase-in of the largest tax cut in state history.

According to the revenue report recently released by the staff of the Mississippi Legislative Budget Committee, the state collected $1.83 billion between July 1 and Sept. 30. The slowdown in collections comes on the heels of unprecedented growth in recent years.

But the slowdown, unless it gets much worse, should not impact the state budget for the current fiscal year. The reason it will not have an impact is despite unprecedented growth in recent years, legislative leaders and Gov. Tate Reeves have adopted revenue estimates not reflective of that growth.

The official revenue estimate represents the amount of money available for the Legislature to appropriate for the dozens of state agencies, for local school districts, for higher education and other state services.

If revenue collections fall short of the estimate, state leaders either have to dip into reserve funds or make cuts.

But during the first three months of the current budget year, collections are $85.8 million or 4.9% above the estimate, despite revenue being below the amount collected last year.

Mississippi, like most states, experienced unprecedented revenue growth following the COVID-19 pandemic as millions of dollars in federal relief funds poured into the state. Revenue grew a record 15.9% for the fiscal year beginning July 1, 2020, through June 30, 2021, followed by 8.1% growth the next year and 4.4% growth last year.

Throughout those years, revenue estimates were much lower than actual growth, meaning that the money was not used for appropriations that year. Instead, the revenue exceeding the estimate was used in the following year by the Legislature primarily for capital projects, such as building and tourism projects throughout the state.

Through the first quarter, sales tax collections, the largest single source of revenue, were up $28.4 million or 4.2% over the previous year. But income tax collections, the second largest source of revenue, were down $65 million or 10.3%. The slowdown in income tax collections is occurring during the first year of a four-year phase-in of a $525 million cut in the state income tax.

The use tax collections, a 7% tax or items purchased out-of-state such as via internet sales, were up $11.5 million or 12.6%.

A key in the collections during the first three months is that revenue from sources other than tax sources, such as interest earnings, was up $21.6 million or 45.6%.

The slowdown in collections comes in the midst of campaigns for governor and legislative seats. And the slowdown comes as legislative leaders and Gov. Reeves, who is seeking re-election this November against Democrat Brandon Presley, work on developing a budget proposal for the Legislature to consider during the 2024 session starting in January.

This article first appeared on Mississippi Today and is republished here under a Creative Commons license.

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Mississippi Today

UMMC holds free cancer screenings

Published

1 day ago

April 30, 2025

Staff Editor

mississippitoday.org – @EricJShelton – 2025-04-30 12:00:00

by Eric J. Shelton, Mississippi Today
April 30, 2025

Resident physician Claire Babin, right, performs an oral cancer screening on Ella Holmes during a free oral, head and neck cancer screening at the Jackson Medical Mall on Wednesday, April 16, 2025.
Physicians prepare for oral, head and neck cancer screenings during a free screening event at the Jackson Medical Mall on Wednesday, April 16, 2025.
Resident physician Brooks Lampkin, center, screens Diane Carter for oral cancer as medical students Mason Nodurft, left, and Eva Kiparizoska observe during a free oral, head and neck cancer screening at the Jackson Medical Mall on Wednesday, April 16, 2025.
Educational giveaways advocating against smoking are available during a free oral, head and neck cancer screening at the Jackson Medical Mall on Wednesday, April 16, 2025.
Sharon Terry, senior tobacco treatment specialist, waits for patients during a free oral, head and neck cancer screening at the Jackson Medical Mall on Wednesday, April 16, 2025.
Skylar Robinson, medical office assistant, left, and Kiandria Bruce, registered nurse, review materials at the patient sign-in table during a free oral, head and neck cancer screening at the Jackson Medical Mall on Wednesday, April 16, 2025.
Head and neck cancer literature is available during a free oral, head and neck cancer screening at the Jackson Medical Mall on Wednesday, April 16, 2025.
Dr. Alex Brooks and registered nurse Angela Noble talk during a free oral, head and neck cancer screening at the Jackson Medical Mall on Wednesday, April 16, 2025.
Nina Brown, clinical manager, helps Ned Bostic with paperwork during a free oral, head and neck cancer screening at the Jackson Medical Mall on Wednesday, April 16, 2025.
Resident physician Brooks Lampkin performs an oral cancer screening on Ned Bostic at the Jackson Medical Mall on Wednesday, April 16, 2025.
Ned Bostic receives a neck cancer screening during a free oral, head and neck cancer screening at the Jackson Medical Mall on Wednesday, April 16, 2025.
Resident physician Brooks Lampkin, center, and medical student Hanna Watson examine Ned Bostic during a free oral, head and neck cancer screening at the Jackson Medical Mall on Wednesday, April 16, 2025.

The University of Mississippi Medical Center’s Department of Otolaryngology-Head and Neck Surgery hosted a free oral, head, and neck cancer screening Wednesday at the Jackson Medical Mall as part of Oral, Head and Neck Cancer Awareness Week.

The event featured quick, noninvasive screenings aimed at catching cancer early — when treatment is most effective. Onyx Care provided free HPV vaccinations, while the ACT Center for Tobacco Treatment, Education, and Research offered resources on smoking cessation and free services.

“These screenings take about 10 minutes and can save lives,” said Dr. Gina Jefferson, head and neck surgical oncologist at UMMC. “The earlier a cancer is diagnosed, the better chance we have of curing it.”

Tobacco and alcohol use remain major risk factors for these cancers. However, physicians say an increasing number of cases are linked to HPV, especially among younger adults with no history of smoking or drinking. Dentists are often the first to spot early signs, which can include persistent sores, lumps in the neck, or difficulty swallowing.

Oral, head and neck cancers are among the most common globally. When found early, survival rates can exceed 80 percent.

This article first appeared on Mississippi Today and is republished here under a Creative Commons Attribution-NoDerivatives 4.0 International License.

The post UMMC holds free cancer screenings appeared first on mississippitoday.org

Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Centrist

This article presents factual information about a free cancer screening event without showing a clear ideological stance. It primarily focuses on the health benefits of early cancer detection and the availability of free resources, such as HPV vaccinations and smoking cessation support. The language used is neutral and the content is centered around public health education rather than promoting a political viewpoint. The inclusion of factual statistics, such as survival rates and risk factors, adds to its informative and objective tone. There are no signs of bias or advocacy for a particular political agenda, making this a centrist piece.

Crooked Letter Sports Podcast

Podcast: What next for Mississippi State baseball?

Published

1 day ago

April 30, 2025

Staff Editor

mississippitoday.org – @rick_cleveland – 2025-04-30 10:46:00

by Rick Cleveland and Tyler Cleveland, Mississippi Today
April 30, 2025

Mississippi State didn’t even wait until the end of the season to fire Chris Lemonis, who brought the national championship to Starkville not quite four years ago. Where do the Bulldogs go from here. Robbie Faulk who covers the Bulldogs more closely than anyone else joins the podcast to discuss the situation.

Stream all episodes here.

This article first appeared on Mississippi Today and is republished here under a Creative Commons Attribution-NoDerivatives 4.0 International License.

The post Podcast: What next for Mississippi State baseball? appeared first on mississippitoday.org

Mississippi Today

Mobile sports betting users: We want to hear from you

Published

1 day ago

April 30, 2025

Staff Editor

mississippitoday.org – @MSTODAYnews – 2025-04-30 10:21:00

by Mississippi Today, Mississippi Today
April 30, 2025

Mississippi Today is looking to speak with current and former mobile sports betting users. We’d like to speak with people who spend considerable amounts of time and money betting on sports through online gambling sites.

We’re interested in hearing the experience of people who have suffered from gambling addiction or problems, or friends and family members of people who have. We also would like to talk with people who believe legalizing mobile sports betting would benefit Mississippi and its residents.

We want to hear from you. Please take the survey below or contact Political Reporter Michael Goldberg by email at mgoldberg@mississippitoday.org

TAKE THE SURVEY:

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This article first appeared on Mississippi Today and is republished here under a Creative Commons Attribution-NoDerivatives 4.0 International License.

The post Mobile sports betting users: We want to hear from you appeared first on mississippitoday.org

Political Bias Rating: Centrist

This article from Mississippi Today appears to present a neutral stance, focusing on gathering input from various groups of mobile sports betting users, including those who may have experienced addiction issues. The content does not advocate for or against the legalization of mobile sports betting but instead seeks to gather diverse perspectives, including those of individuals who may support or oppose it. The language used is objective and does not suggest a particular ideological perspective, allowing for a balanced exploration of the issue at hand.