By Bobby Harrison/NEMS Daily Journal
JACKSON – With one day left in March, the state has made its official estimate of the amount of revenue to be collected during the month, according to Sen. Hob Bryan, D-Amory, who has been monitoring tax collections.
Through mid-day Tuesday, the state has exceeded the estimate by $1.2 million.
Gov. Haley Barbour has cut nearly $500 million out of the state budget this year because of a sustained period where the state has not met the revenue estimate the Legislature used to build the budget.
March will mark the first time in 18 consecutive months where the state has met its revenue estimate.