Commonwealth Foundation - Pennsylvania's October Revenues Fall Short: "The Pennsylvania Department of Revenue released October revenue collections. Once again, the numbers fell short of projections - the state is now $160 short of estimate for the fiscal year.
The tax collections were slightly higher than last year (note that $1.8 billion was 'non-tax revenue', i.e. transfers from the Rainy Day Fund and other funds).
Prognosis - things are looking more and more like another budget shortfall.
Historical Budget Shortfalls: Projected vs. Actual Revenues (Monthly)"
Monday, November 9, 2009
Thursday, November 5, 2009
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