Plain English Breakdown
The official source material does not specify who else besides the City of Oxford would be affected by this bill.
Money for Oxford's MTrade Park Expansion
This bill gives the city of Oxford money to help pay for expanding MTrade Park in fiscal year 2027.
What This Bill Does
- Gives $10,000,000 from the State General Fund to the City of Oxford.
- The money is to help cover costs related to making MTrade Park bigger.
Who It Names or Affects
- City of Oxford
Terms To Know
- Appropriation
- Money given to a government agency for specific purposes.
- Fiscal Year
- A period of time used for budgeting and financial reporting, usually one year long.
Limits and Unknowns
- The bill did not pass in the session it was introduced.
- It is unclear how much of the $10 million will actually be needed or spent.