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

Plain English Breakdown

The bill did not pass and is no longer effective.

Capital Expense Fund Appropriation for Metcalfe's Water and Sewer

This bill provides an appropriation of $748,750 from the Capital Expense Fund to the Town of Metcalfe to cover expenses related to improving its water and sewer system in fiscal year 2027.

What This Bill Does

• Appropriates $748,750 from the Capital Expense Fund to the Town of Metcalfe for fiscal year 2027.
• The money is intended to cover expenses related to improving the town's water and sewer systems.
• Requires the State Treasurer to pay out this amount based on requisitions signed by proper officials.

Who It Names or Affects

• The Town of Metcalfe
• Residents who use the town’s water and sewer services

Terms To Know

Capital Expense Fund

A fund used by the state to pay for major projects requiring significant funding.

Fiscal Year

A period of one year used for budgeting and financial reporting, starting July 1st in this case.

Limits and Unknowns

• The bill did not pass and was stopped by the committee.
• It is unclear how much of the money will actually be spent or what specific improvements it will fund.

Official Summary Text

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

Current Bill Text

S. B. No. 2998 *SS26/R671* ~ OFFICIAL ~ A1/2
26/SS26/R671
PAGE 1 (ens\tb)
ST: Capital Expense Fund; FY2027 appropriation
to Town of Metcalfe for water and sewer
improvement project.
To: Appropriations
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Senator(s) Simmons (12th)

SENATE BILL NO. 2998

AN ACT MAKING AN APPROPRIATION TO THE TOWN OF METCALFE 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 Metcalfe 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................................. $ 748,750.00. 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