State Revenues Up

1 decade 2 years 7 months ago Wednesday, April 05 2006 Apr 5, 2006 Wednesday, April 05, 2006 1:06:41 PM CDT April 05, 2006 in News
But Administration Commissioner Mike Keathley warns today that the state could see weaker revenue collections in coming months as the economic impact of Hurricanes Katrina and Rita is felt. Keathley also says the state must work hard to keep its budget balanced in light of higher-than-expected energy costs. Net general revenue for the first quarter of the fiscal year increased from $1.5 billion to $1.73 billion. September net revenue rose 7.5%. Individual income tax collections for the month rose 10.9%, while sales tax collections increased 1%.

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