Revenue collections continue to slow as state leaders begin work on new budget ...Middle East

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Revenue collections continue to slow as state leaders begin work on new budget
State revenue collections are continuing to slow as legislative leaders and Gov. Tate Reeves, fresh off their election victories, prepare to release budget recommendations to be considered during the 2024 legislative session. The state collected $638 million in revenue during October — down $33.7 million from October 2022. For the year, collections are down $52.6 million or 2.09% over the same time period in the previous year, according to information recently released by the staff of the Legislative Budget Committee. While collections are slowing, the state is still collecting more revenue than the official estimate for the fiscal year. That is important because the official estimate

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