Home » NEWS » State's tax collections missed target in February

State's tax collections missed target in February

JACKSON — After exceeding expectations in January, state tax collections fell below their target for February, prompting Gov. Haley Barbour again to call for conservative spending by lawmakers.

“As of today, Mississippi’s preliminary February revenue collections missed the estimate by 2.15 percent,” Barbour said. “The state collected $228.8 million, which was $5 million below the Sine Die estimate for the month.

“As I have said previously, full recovery from this global economic recession will not be swift. We must plan for several years of slow revenue growth and budget for our priorities. This slow recovery plus the loss of hundreds of millions of stimulus dollars means state government must operate like so many Mississippi families and cut back on spending.”

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Wally Northway

Leave a Reply

Your email address will not be published. Required fields are marked *

*