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State Revenue Report #79: Revenue Declines Less Severe, But States' Fiscal Crisis Is Far From Over: Recovery Not in Sight; May Be Long and Slow
Publication Date: April 2010
Publisher(s): The Nelson A. Rockefeller Institute of Government
Author(s): Donald J. Boyd; Lucy Dadayan
Series:
Topic: Banking and finance (Taxation and tax policy)
Government (State or regional government)
Keywords: State Tax Revenues; local Taxes; Tax Collections; State Revenue Declines
Type: Report
Abstract:
A decline in states' tax collections for the fifth straight quarter suggests a long, slow fiscal recovery ahead. While the decline in the final quarter of 2009 was not as steep as in previous quarters, preliminary figures for early 2010 show continued weakness.