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Laura Jackson, executive director of the Department of Finance and Administration, says the state’s Comprehensive Annual Financial Report was late this year because all state agencies switched to a new accounting system. Photo courtesy Dept. of Finance and Administration

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The State of Mississippi’s Debt, Finances

The State of Mississippi is in an $8.4-billion financial hole, a new report based on the State's Comprehensive Annual Financial Report, or CAFR, shows.

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