Post by Logan on Jun 3, 2016 23:45:05 GMT -6
JACKSON -- Mississippi tax collections picked up in May but are still lagging as the state enters the final month of its budget year.
Tax collections were about $103 million short of expectations the first 11 months of the year, according to the state Department of Revenue. That's about a 2 percent shortfall.
Republican Gov. Phil Bryant said he doesn't know whether another round of budget cuts will be needed before the year ends June 30. He said cuts could be avoided if the economy improves.
"We are meeting on this almost daily and talking about it," Bryant said Wednesday at the Capitol. "We're looking at it just now what the ending revenues would be."
Read more: www.cdispatch.com/news/article.asp?aid=50628
Tax collections were about $103 million short of expectations the first 11 months of the year, according to the state Department of Revenue. That's about a 2 percent shortfall.
Republican Gov. Phil Bryant said he doesn't know whether another round of budget cuts will be needed before the year ends June 30. He said cuts could be avoided if the economy improves.
"We are meeting on this almost daily and talking about it," Bryant said Wednesday at the Capitol. "We're looking at it just now what the ending revenues would be."
Read more: www.cdispatch.com/news/article.asp?aid=50628