State revenue falls below projections in January, total collections are down year-over-year ...Middle East

Revenue collections needed to fund Mississippi state government fell below projections for the month of January. January’s revenue collections, according to a report recently released by the staff of the Legislative Budget Committee, were $6 million or 1.1% below the official estimate. For the fiscal year, which began July 1, revenue collections remain $98.3 million or 2.4% above the official estimate. The official estimate is important because it represents the amount of money legislative leaders used in budgeting for the current fiscal year. If revenue falls too far below the official estimate, legislators or Gov. Tate Reeves (or a combination of the two) would have to make mid-year

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