November Tax Collections Sluggish

By: The Associated Press
By: The Associated Press

Mississippi's tax collections are running 7.3 percent behind where experts originally estimated they would be at this time of year.

Figures released by the state Tax Commission show general-fund collections are $129.8 million behind the original predictions for July through November, the first five months of the fiscal year.

Collections are 9.3 percent behind the same five-month period a year ago.

For November alone, collections for the general fund were 6.9 percent behind original expectations.

Gov. Haley Barbour has already cut $172 million from the nearly $6 billion state budget, and he has said more cuts are coming.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WTOK-TV 815 23rd Ave Meridian, Ms. 39301 Phone: (601) 693-1441
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 78231527 -
Gray Television, Inc.