State tax revenue is down--again. Governor Sonny Perdue says collections for the state last month fell 6.6 percent from the same time last year. In the first month of the new fiscal year, Georgia revenue totaled 1.2 billion dollars--that amount is a decrease of more than 86-million dollars from July of 2007. Perdue already has in-place the order for all state agencies to slash budgets by six-percent, employee pay raises to be deferred, and planned homeowner tax cuts to be discarded.
