The winds of political change blew across Mississippi at gale-force velocity
in November of 1991 leaving in their wake one disappointed young Democrat,
Ray Mabus. The calm after the storm produced Mississippi's first Republican
governor in over 100 years, Daniel Kirkwood Fordice. Fordice, a successful
businessman from Vicksburg, espoused the traditional, conservative, Republican
message throughout the months of 1991, stating to anyone who would listen
that Mississippi had to get its financial house in order. On campaign stops
and in media interviews, Fordice said, "We are goingto stop spending more
money than we are taking in. The law says 'thou shalt balance your budget
every year in Mississippi.'"
His idea that Mississippi should be run like
a business caught on and Mississippians elected Fordice as their sixty-first
governor.
"I think that we accomplished a lot of
what we set out to do," says Fordice one sunny November afternoon in the
Governor's Mansion as he looked back over the past eight years. "We made
very few promises back in '91 other than to try to do our best and to bring
our business expertise, to running government. The first thing that we
worked on was returning the state to fiscal responsibility. The state was
absolutely broke when we came into office. There wasn't a dime anywhere
in any of our reserve accounts when we came into office."
Two months after he took office, Fordice
was forced by statute to cut $75 million in the state's budget in order
to begin the process of bringing the state back into financial order -
one of his first moves that brought the Mississippi media down on top of
him.
"Anyone that has ever been in business
knows that if your revenue, as in the case of the state, is nothing but
a guess, and that's what it is - it's an estimate, then why would you ever
want to base a budget on 100 percent of that guess," says Fordice. "So,
we proposed to base it on 95 percent of what the revenue estimate was and
what we got was 98 percent. We are very proud of this happening in that
first session.
That 2 percent difference allowed us to
constitute a cash stabilization balance that is commonly known as a "rainy
day fund" that now amounts to $240 million. We went from dead busted to
$240 million in the bank that stays there. It is for use only in the type
of situation that I faced.
During those first days in office, Fordice
and several members of his staff were reading a letter from State Treasurer,
Marshall Bennett, that stated the balance in Mississippi's reserve account
was a mere $5,333.00. One of Fordice's young aides looking over the
governor's shoulder as the governor read from the letter remarked that
he himself had more money in the bank than the State of Mississippi.
The decisions Fordice and his team made
during that first session have paid-off handsomely for Mississippi during
the past eight years. From the first day, with his director of economic
development, Jimmy Heidel in tow, the two implemented some vigorous agendas.
To date, more than 193,189 net new jobs have been created in Mississippi
since January 1992 that have generated capital investments of more than
$18.3 billion by new and expanding companies. Last year, Mississippi led
the nation in business-startup growth and jobs created from those businesses,
according to a report by Dunn & Bradstreet. The Fordice/Heidel
machine has been good for Mississippi business, and in fact, other economic
development professionals from around the country have used the their formula
and approach when trying to improve other states economical development
efforts.
Gaming also arrived in the state during
Fordice's watch. He was against it.
"The complete story is that I voted twice
against gaming in my home county which is Warren County before I became
governor," says Fordice. "As governor, I had to forget my personal feelings
concerning gaming and how I had voted on it before, because it became law.
It became my task as governor to see that no corruption would take place
in this industry in Mississippi, like it had in Louisiana. I was determined
to put people on that gaming commission that were of absolute integrity.
My thoughts were "why in the world would anyone want that job?" - it doesn't
pay anything, it's a thankless task and I feel that you would be suspect
if you wanted that gambling commission job. I went out and twisted the
arms of three people that I knew could not be compromised or corrupted.
And, that's what I did."
Fordice's gaming commission appointments
have proven to be good choices and Mississippi has been free from any serious
scandals in the state's gaming industry.
"That's a huge contrast with our sister
state Louisiana, right across the Mississippi river, that has been
a welter of corruption in gaming," says Fordice. "The Wall Street Journal
has pointed this out as well."
Other Fordice administration accomplishments
and notables: