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Ark. Revenues Again Fall Below Predictions
The Department of Finance and Administration reported Tuesday that the state collected $313.5 million last month, which was a drop from last year's figures and below forecast.
The report says the state saw a drop in individual income, sales and corporate taxes last month.
Last month, Gov. Mike Beebe ordered a $100 million cut in the state's budget after seeing a drop in revenues. Agencies faced a Tuesday deadline to detail their proposed budget cuts.
(Copyright 2009 by The Associated Press. All Rights Reserved.)