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Posted: Sunday, 12 July 2009 1:11PM

State Reports Another Drop In Sales Tax



State officials reported another drop in the state's monthly sales tax revenues. The state collected $1.57 billion in June, which reflects sales in May. That's an 11.2 percent drop from a year ago.   One budget official estimates that sales tax collections are  $100 million below projections and could fall $550 million short when the fiscal year ends in two months.  Sales tax payments to local cities and counties also declined 8.8 percent.

 
 
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