MISSISSIPPI LEGISLATURE
2000 Regular Session
To: Appropriations
By: Representatives Read, Eakes, Broomfield, Brown, Coleman (29th), Denny, Flaggs, Gadd, Livingston, Martinson, Mitchell
House Bill 1638
(As Sent to Governor)
AN ACT APPROVING THE EXPENDITURE OF SPECIAL FUNDS FOR THE PURPOSE OF DEFRAYING THE EXPENSES OF THE PEARL RIVER BASIN DEVELOPMENT DISTRICT FOR THE FISCAL YEAR 2001.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. The following sum, or so much thereof as may be necessary, is hereby authorized and approved for expenditure out of any funds which are received by or otherwise become available to the Pearl River Basin Development District, for the purpose of defraying the expenses of the district for the fiscal year beginning July 1, 2000, and ending June 30, 2001
$ 1,616,798.00.
SECTION 2. Of the funds approved for expenditure under the provisions of Section 1, not more than the amounts set forth below shall be expended for the respective major objects or purposes of expenditure:
MAJOR OBJECTS OF EXPENDITURE:
Personal Services:
Salaries, Wages and Fringe Benefits $ 510,748.00
Travel and Subsistence 37,000.00
Contractual Services 293,500.00
Commodities 53,550.00
Capital Outlay:
Other Than Equipment 320,000.00
Equipment 37,000.00
Subsidies, Loans and Grants 365,000.00
Total $ 1,616,798.00
AUTHORIZED POSITIONS:
Permanent: Full Time 12
Part Time 4
Time-Limited: Full Time 0
Part Time 0
Any transfers or escalations shall be made in accordance with the terms, conditions and procedures established by law.
No general funds authorized to be expended herein shall be used to replace federal funds and/or other special funds which are being used for salaries authorized under the provisions of this act and which are withdrawn and no longer available.
SECTION 3. The funds herein approved for expenditure, except and less an amount approved by the State Fiscal Officer which shall be sufficient to cover disbursements for current operations, shall be deposited at interest with any official depository of the state at a rate of interest numerically not less than one percent (1%) below the bank discount rate on United States Treasury bills of comparable maturity as determined by the State Treasurer.
SECTION 4. The money herein approved for expenditure shall be disbursed upon bank checks signed by the proper person, officer or officers, in the manner provided by law or in accordance with the provisions of a valid trust indenture.
SECTION 5. This act shall take effect and be in force from and after July 1, 2000.