DEFAC not Dispensing Christmas Joy. 15 December, 2008Posted by David Anderson in Uncategorized.
The State financial Wizards have determined that state revenue will fall 600 million dollars short of original projections due to the national and local economies. That includes 100 million dollars out of the current budget. You can already hear the tax man coming. There is talk of more gaming revenues, a repeal of the cut on gross receipts, and an income tax hike.