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Friday, March 6, 2009

State Revenues Drop 35%

Georgia's latest revenue figures came out today, and collections are down by more than a 3rd over this time last year. Governor Sonny Perdue's office says net revenue collections for February totaled just over 629-million dollars. That compares to just under 966 million dollars collected last February. Revenues are down 35%. The percentage decrease year to date for fiscal year 2009 is 7.3 percent.

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