12:00 am
February 11, 2011
The Economic and Revenue Forecast Council's February Economic and Revenue Update was released today. The key number is $44.8 million. This is the cumulative shortfall in collections over the three months since the November update to the general fund revenue forecast. Today's report increases the likelihood that the next revision to the revenue forecast, which is scheduled to be announced on March 17, will be downward.
The February update is available here.
Categories: Budget , Categories , Economy.