February revenue | Arkansas Blog

Tuesday, March 3, 2009

February revenue

Posted By on Tue, Mar 3, 2009 at 9:12 AM

The state revenue report says receipts, gross and net, were up in February over last year and forecast. BUT, a big chunk of the increase was on account of individual income taxes collected on severance payments. Short-term gain, long-term loss from those workers is what that means.

Bottom line seems to be holding: Situation iffy and weakening, but could be worse.

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