Tuesday, June 1, 2010

Miss. revenues fall 12.6 percent short in May

Gov. Haley Barbour says Mississippi tax collections have fallen short of expectations again.

Barbour said in a news release on Tuesday that May collections were 12.61 percent, or $51 million, below estimates. The governor said the figures show the state hasn't recovered from the national recession, but he has no plans for additional budget cuts at this time.

Barbour said last month was the worst month for Mississippi State Tax Commission collections since May 2009. Collections have been below estimates 20 out of the last 21 months.

Sun Herald

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