State Revenues Fall Short... Again

TOPEKA, Kan. (AP) _ The state collected $61 million less than anticipated in tax revenues during its recently ended 2008 fiscal year.

That's according to preliminary Department of Revenue figures. The gap between anticipated and actual tax collections was 1 percent when the fiscal year ended Monday.

The shortfall is likely to create budget headaches.

Gov. Kathleen Sebelius has asked state agencies to trim their planned spending for the new fiscal year by up to 2 percent.

Some state officials see the shortfall in anticipated revenues as a sign that the state's economy has softened.

The state had expected to collect $5.84 billion in general tax revenues during the last fiscal year. Instead, it collected less than $5.78 billion.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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