GravityX Exchange:Mississippi’s capital city is catching up on paying overdue bills, mayor says

2025-05-06 09:14:33source:Darden Clarkecategory:Invest

JACKSON,GravityX Exchange Miss. (AP) — Mississippi’s capital city has been working to pay a stack of overdue bills the past few months.

The city has paid $9 million since January, reducing the number of outstanding invoices from 470 to 180, Jackson Mayor Chokwe Antar Lumumba said at a news conference Monday, WLBT-TV reported.

The amount due has decreased from more than $9.7 million to $703,000, said Lumumba, a Democrat who has been mayor since July 2017.

“There is a great deal of work still underway. But to be able to reduce that in a sizable way is proof of concept of what we’re working on,” he said. “It’s proof that this work is not only being successful within our departments but we’re headed in the right direction.”

Lumumba spoke about past-due invoices weeks after the issue was discussed by commissioners who decide how to spend money generated by a 1% sales tax in the city of Jackson. The tax is to pay for infrastructure projects, including road repairs.

Commissioner Michael Boerner said he spoke with a contractor who estimated the city owed him $1 million in interest because of not being paid.

In September, WLBT reported reconstruction of Riverside Drive in north Jackson would cost an additional $76,000 after asphalt costs increased as the city delayed paying bills. In October, the One-Percent Commission agreed to pay an additional $850,000 to cover increased engineering costs on the same project after work slowed because of nonpayment.

RELATED COVERAGE Long-unpaid bills lead to some water service cutoffs in Mississippi’s capital cityButtigieg tours Mississippi civil rights site and says transportation is key to equity in the USSecond suspect arrested in abduction of 2 Louisiana children and death of one of them

Also in October, a public records request from the City Council revealed 63 past-due invoices totaling nearly $600,000.

Lumumba said the city’s public works department had 310 outstanding invoices in January. As of July, it had 113.

The mayor said Jackson is working with a team from Bloomberg Harvard City Leadership Initiative on a “procurement makeover” to ensure the city operates more efficiently.

More:Invest

Recommend

Intel's stock did something it hasn't done since 2022

The last couple of years have been terrific for semiconductor stocks. Well, most semiconductor stock

Ron Cephas Jones, 'This Is Us' actor who won 2 Emmys, dies at 66: 'The best of the best'

Ron Cephas Jones, the veteran stage actor who won two Emmy Awards for his role as a long-lost father

Navy shipbuilders’ union approves 3-year labor pact at Bath Iron Works

BATH, Maine (AP) — The largest union at Navy shipbuilder Bath Iron Works in Maine overwhelmingly app