Mississippi

Mississippi has a statutory expenditure limit as part of MS Code Ann. Subsection 27-103-125. The limit requires that the overall budget shall not exceed 98% of the amount of general fund revenue estimate for the succeeding fiscal year. In addition, Mississippi has a supermajority requirement to raise taxes, passed in 1970.

The base year represents the year the hypothetical Taxpayer's Bill of Rights (TABOR) would have been enacted. Selecting a base year changes how the state’s TABOR is calculated because the annual growth rates of inflation and population change depending on when TABOR is enacted.

Year	Inflation-adjusted Actual Spending
1992	5,731,420,000
1993	5,844,350,000
1994	6,239,450,000
1995	7,657,990,000
1996	7,798,060,000
1997	7,966,120,000
1998	8,498,950,000
1999	9,293,330,000
2000	9,751,500,000
2001	9,708,270,000
2002	10,257,550,000
2003	8,733,680,000
2004	9,401,840,000
2005	10,619,450,000
2006	9,195,750,000
2007	10,362,630,000
2008	10,926,480,000
2009	11,601,360,000
2010	12,672,550,000
2011	11,452,850,000
2012	11,801,950,000
2013	12,270,270,000
2014	11,910,430,000
2015	13,161,750,000
2016	12,988,620,000
2017	13,308,810,000
2018	11,670,630,000
2019	11,433,080,000
2020	12,266,110,000

*All spending figures are in inflation-adjusted 2020 dollars.