Mississippi Code Title 37. Education § 37-151-99

Based upon the information obtained pursuant to Section 37-151-207(3) and upon such other and further information as provided by law, the State Department of Education shall, on or before June 1 of each year, or as soon thereafter as is practical, furnish each school board and charter school the preliminary estimate of the amount each will receive from the total funding formula provided in Sections 37-151-200 through 37-151-215 for the succeeding scholastic year, and at the same time shall furnish each such school board with a tentative estimate of the cost of the local minimum tax effort for the total funding formula in the school district and the local contribution for the school district and each charter school for such succeeding fiscal year.