Strong June collections needed to balance budget

Lt. Gov. Tate Reeves says the state must collect between $725 million and $750 million of revenue during the month of June to balance the budget for the current fiscal year, which ends June 30.

Records with the Department of Revenue reveal the state has never collected that amount of money in June. In 2015, the state collected $695.8 million in revenue during the month of June and in 2014 garnered $674.2 million.

Daily Journal
6/23/16