Mississippi’s budget is funded by two types of state revenue: recurring and non-recurring.
Non-recurring revenue, often referred to by legislators as one-time money, is revenue the state receives in one year that will not recur in the future, such as court settlements. Non-recurring revenue comprises a very small portion of the total state budget.
Recurring revenue, on the other hand, is made up of taxes and fees that Mississippians pay every year. Some years yield higher revenue from taxes and fees than other years, but this recurring revenue is relatively stable and is the source of funding for most of our state budget.