Tuesday, December 14, 2010

We're $3.2 million up!

The latest Economic & Revenue Update is out.

According to our state's economists, when you exclude non-economic factors, last month's collections were $3.2 million above what was forecasted. (Counting non-economic factors, we're $24 million up.)

Of course, that's bittersweet news since the forecast from November lowered revenue projections so much legislators had to come in for an emergency budget-cutting special session.

Still, $3.2 million up is better than $3.2 million down. We'll take it.

Apture