By Aaron Gould Sheinin
The Atlanta Journal-Constitution
Georgia Politics
November 10, 2010
October continued Georgia's string of positive tax collections as Gov. Sonny Perdue said Wednesday that the state's revenue picture improved for a fifth straight month.
Figures released by Perdue's office show that October revenue collections were more than $1.23 billion, compared with $1.14 billion in October 2009, an increase of 8.2 percent.
For the fiscal year, which began July 1, collections are up by 7.6 percent over the same four months of last year. The state budget for fiscal 2011, which began July 1, was predicated on a 4 percent growth in tax collections.
"October's revenue numbers continue to show a strong positive trend, which is obviously an encouraging sign for Georgia's economy," Perdue spokesman Bert Brantley said.
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© 2010 The Atlanta Journal-Constitution
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