State Tax Collections Short 10%

By: The Associated Press
By: The Associated Press

Mississippi's tax collections fell 10 percent short of expectations in September, signaling further trouble for the already struggling state budget.

The Mississippi State Tax Commission says that for the first three months of the fiscal year, revenues are 7.7 percent behind where experts thought they'd be.

Gov. Haley Barbour sliced nearly $172 million, or about 2.9 percent, from the $6 billion budget in early September because of the lagging revenues.

Barbour is in Asia on a business trip, but he has told state agencies repeatedly that the economy could continue to struggle for years.

Barbour has not ruled out further budget reductions in the remaining nine months of the fiscal year.

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