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Board approves Mississippi Forestry Commission annual work plan, reviews account projections
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Summary
The Louisville Municipal School District board approved the Mississippi Forestry Commission's annual work plan after a brief presentation that included projected expenses, anticipated revenue and escrow balances.
The Louisville Municipal School District board on a voice vote approved the Mississippi Forestry Commission’s annual work plan after a presentation by Jack Wiggins of the commission.
Wiggins told the board that “our expense for fiscal year ’25 is $41,221,” and that the commission had “no revenue last year” while the current escrow balance stood at $838,563.90. He said projected expenses for the next fiscal year are $31,535 with anticipated revenue “of approximately $186,250,” and that 15% of that revenue would be placed back into escrow (about $27,937), leaving an ending escrow projected at $834,966.
The board made a motion to approve the forestry commission report and, after a second, voted “aye” to carry the motion. Board members did not ask substantive follow-up questions during the presentation; Wiggins concluded by inviting questions before the motion was made.
The vote completed consideration of the commission’s requested work plan and associated financial projections for the coming fiscal year.
The board moved on to the next agenda item after the motion carried.
