Mississippi

Mississippi

Budget Links 

FY2027 (enacted)
FY2027 (proposed)
FY2026 (enacted)
FY2025 (enacted)
FY2024 (enacted)
FY2023 (enacted)
FY2022 (enacted)

Enacted Budget – Fiscal Year 2027

Mississippi Governor Tate Reeves signed the fiscal 2027 budget in April authorizing $8.44 billion in state support funds, a decrease of $670 million, or 7.36 percent, from fiscal 2026. General fund appropriations total $7.37 billion in fiscal 2027, an increase of $226 million, or 3.16 percent, over fiscal 2026. General fund revenues are projected at $7.53 billion, a 0.26 percent decrease from the current year. The budget sets aside 2 percent of projected revenue, or $150.6 million, as required by law. The legislature retained $1.69 billion in reserve funds that is available to address shortfall in revenues or fiscal 2027 deficits.

It fully funds the Mississippi Student Funding formula, expands the Literacy Initiative Program to 4th-8th grades, and provides an increase in the Educational Scholarship Account Program. It also provides a salary supplement for SPED teachers and school occupational therapists and funds a pay raise for Vocational and Technical Education teachers, professors at each university campus, and professors at each Community and Junior College. Additionally, the budget increases funding to the Division of Medicaid for operational expenditures due to a reduction of the FMAP rate and the increased cost of mandated medical services. The budget also provides salary increases for Supreme Court Justices, Court of Appeals judges, chancellors, and circuit judges.

Enacted Budget Information
2026 Legislative Session Budget Summary 

Proposed Budget - Fiscal Year 2027

On November 14, Mississippi Governor Tate Reeves released his fiscal 2027 budget recommendation. The proposal calls for $8.31 billion in agency appropriations from state support funds, an increase of 5.8 percent from fiscal 2026. General fund revenue estimates for fiscal 2027 total $7.53 billion, a 1.3 percent decrease over the prior year estimate of $7.63 billion. The budget sets aside two percent, or $151 million, of general funds leaving a total of $7.38 billion available for appropriations for fiscal 2027. 

Proposed Budget Highlights 

The proposed budget highlights the governor’s priorities of building a stronger economy for the state, preparing and supporting Mississippi’s workforce, improving mental health outcomes, supporting Mississippi’s courts, as well as maintaining the Mississippi Miracle and giving parents more control in education. Highlights of the budget include: 

Economic Proposals

• Proposes appropriating Capital Expense Funds to support a state authorized process to help fast track the construction of generation, transmission, and pipeline infrastructure to expand energy infrastructure. 
• Recommends allocating Capital Expense Funds to create an Energy Infrastructure Bank to secure long lead time energy components for the state. 
• Requests funds to establish an innovation accelerator program to increase energy technology development and energy diversification. 
• Proposes allocating funds for new site development efforts in every region of the state to continue the state’s economic momentum. 

Workforce Proposals

• Proposes developing a tri-share model for childcare to support working families by sharing the costs of childcare tuition between employers, employees, and the state. 
• Recommends the Mississippi Department of Employment Security transition from being an Office of Apprenticeship to a State Apprenticeship Agency to grant the state greater autonomy over the development, approval, and oversight of apprenticeship programs. 
• Proposes allocating funds to expand the state’s workforce training infrastructure through the creation of Accelerate Mississippi Talent Solutions Centers across the state.

Health Proposals

• Recommends allocating funds to establish and staff three stand-alone adult psychiatric emergency service locations, a second crisis stabilization unit and an adolescent residential substance use disorder unit. 
• Increases funding to Child Protection Services to build or renovate an in-state facility to establish an in-state placement option for children with behavioral and mental health issues. 
• Proposes funds to increase capacity at an evidenced-based rehabilitation program in the state and to construct/acquire two additional secured youth detention facilities. 

Public Safety Proposals

• Proposes creating a Youth Court Division of the Chancery Court to have jurisdiction over all child welfare matters. 
• Calls on the legislature to replace the antiquated youth court case management system with a modern system.  
• Supports pay raises for trial and appellate judges. 
• Calls on the legislature to restore funds previously cut from the Capitol Police Department and to allocate additional funds for vehicles to patrol the expanded Capitol Complex Improvement District. 
• Proposes allocating Capital Expense Funds to the Mississippi Emergency Management Agency Disaster Trust Fund to help ensure adequate state funding is available when the next severe weather event impacts the state.

Education Proposals

• Recommends removing restrictions on public school transfers when there is capacity to serve those students in another district. 
• Calls on the legislature to explore models that ensure students do not encounter the deterring effects of tuition requirements that keep them from attending the school of their choice. 
• Supports the legislature removing bureaucratic barriers to entry that have deterred charter schools from opening and flourishing in the state. 
  

Proposed Budget Information
Fiscal Year 2027 Budget Proposal

Governor's Press Release