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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.”


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