State’s November revenue collections miss projection
by MBJ Staff
Published: December 2,2011
ACROSS MISSISSIPPI — Gov. Haley Barbour issued the following statement on revenue collections in Mississippi last month:
“The monthly report from the Department of Revenue shows that Mississippi’s November revenue collections are below the estimate by 1.5 percent, or almost $4.9 million less than anticipated.
“Our national economy continues to be sluggish. The state’s economy is no different. Individual income tax receipts are down 7.2 percent below what was expected for the month, which is of particular concern. We need to be prudent in spending state revenues and reserves until economic conditions improve, especially when we will have $200 million less in federal funds next year.”
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Study: Mississippi has highest sales tax rate in U.S.
- Prescription for success — Transcript Pharmacy continues fast growth
- New law on taxing methods hailed as big win for businesses
- Panther Creek megasite — Putting a value proposition out there
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Panther Creek's location in medical industry zone boosts bio-med prospects
- MSU researchers develop timber-management software
- News The Way You Want It!
- BRENT CHRISTENSEN — Entrepreneurs: A vital fuel for Mississippi’s Economy