Capital Expense Fund; FY2027 appropriation to Town of Gunnison for water and sewer improvement project.

Plain English Breakdown

The bill did not pass during the session, so it does not have an effective date or any current impact.

Capital Expense Fund Appropriation for Gunnison

This bill proposes an appropriation of $250,000 from the Capital Expense Fund to the Town of Gunnison to cover expenses related to improving its water and sewer system in fiscal year 2027.

What This Bill Does

• Proposes an appropriation of $250,000 to the Town of Gunnison.
• The money comes from the Capital Expense Fund.
• It is meant to cover costs related to improving the town's water and sewer systems for fiscal year 2027.

Who It Names or Affects

• The Town of Gunnison

Terms To Know

Capital Expense Fund

A fund used by the state to pay for major projects or improvements.

Fiscal Year

The period of time (usually a year) that is used for budgeting and financial reporting.

Limits and Unknowns

• This bill did not pass during the session.
• It only applies to fiscal year 2027, which starts July 1, 2026.

Official Summary Text

Capital Expense Fund; FY2027 appropriation to Town of Gunnison for water and sewer improvement project.

Current Bill Text

S. B. No. 2992 *SS26/R649* ~ OFFICIAL ~ A1/2
26/SS26/R649
PAGE 1 (ens\tb)
ST: Capital Expense Fund; FY2027 appropriation
to Town of Gunnison for water and sewer
improvement project.
To: Appropriations
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Senator(s) Simmons (12th)

SENATE BILL NO. 2992

AN ACT MAKING AN APPROPRIATION TO THE TOWN OF GUNNISON TO 1
DEFRAY EXPENSES FOR THE TOWN'S WATER AND SEWER SYSTEM FOR FISCAL 2
YEAR 2027. 3
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: 4
SECTION 1. The following sum, or so much thereof as may be 5
necessary, is hereby appropriated out of any money in the Capital 6
Expense Fund not otherwise appropriated, to the Town of Gunnison 7
to defray expenses for the improvement of the town's water and 8
sewer system for the fiscal year beginning July 1, 2026, and 9
ending June 30, 2027................................. $ 250,000.00. 10
SECTION 2. The money appropriated in this act shall be paid 11
by the State Treasurer out of any money in the Capital Expense 12
Fund not otherwise appropriated, upon warrants issued by the State 13
Fiscal Officer; and the State Fiscal Officer shall issue his 14
warrants upon requisitions signed by the proper person, officer or 15
officers in the manner provided by law. 16
SECTION 3. This act shall take effect and be in force from 17
and after July 1, 2026. 18