Brought to you by WBIW News and Network Indiana
Last updated on Thursday, June 3, 2010
(UNDATED) - Revenue collections for May were $83 million below the amount forecast in the budget passed last year.
State Budget Agency Director Chris Ruhl says collections through 11 months of the current fiscal year are more than $1 billion below projections.
He says that has been partially offset by spending cuts implemented by Governor Mitch Daniels.
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