As the deadline for filing tax returns nears, State Comptroller Nancy Wyman says the state’s revenue remains flat. <\/p>\n
The projected 2010 budget deficit stands at $371 million after the delay of a $100 million payment to the state’s pension fund. A $47 million Medicaid savings tied to the federal stimulus program also helps. <\/p>\n
Wyman says the deficit is driven by weak collections in nearly all major tax categories. The two largest shortfalls are in the income tax and sales tax, she says.<\/p>\n
The fiscal year’s final numbers will depend on how much income tax is collected around the April 15 deadline, Wyman says. <\/p>\n
Wyman’s estimates are based on a $18.6 billion budget. It is about $14.5 million higher than the projection made by the Office of Policy and Management, the governor’s budget office. <\/p>\n","protected":false},"excerpt":{"rendered":"
As the deadline for filing tax returns nears, State Comptroller Nancy Wyman says the state’s revenue remains flat. The projected 2010 budget deficit stands at $371 million after the delay of a $100 million payment to the state’s pension fund. A $47 million Medicaid savings tied to the federal stimulus program also helps. Wyman says […]<\/p>\n","protected":false},"author":3603,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-706992","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2XV6","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/706992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/3603"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=706992"}],"version-history":[{"count":1,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/706992\/revisions"}],"predecessor-version":[{"id":808412,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/706992\/revisions\/808412"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=706992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=706992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=706992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}