Pennsylvania revenue still lags behind budget projections

Pennsylvania’s tax collections were both under budget estimates and behind last year’s pace in November, according to figures released by the Rendell administration today.

But through the first five months of the new fiscal year, the total revenue shortfall is only a fraction of the size it was last year, and at this point state budget officials are holding off on calls for spending freezes. “While we are under our projections,” said Gov. Ed Rendell’s press secretary Gary Tuma, “we’re not looking for any new freezes, budget cuts or anything like that.”

Read the full Patriot-News article here

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Web Design by 20/10 Solutions