Q Does Section 17-23-1 authorize a municipality to borrow money for a ten-year term to finance matching funds for the Rural Fire Truck Acquisition Assistance Program?

A No. A municipality, however, is authorized to incur indebtedness for such a purpose pursuant to Sections 21-33-301, 17-21-51, 17-21-53, and 57-1-301. We also encourage you to contact the Mississippi Insurance Department for additional information about the program. (Attorney Generalís Opinion to Barton, December 14, 2018)