NH Revenues $12M Below Projections
November 07, 2009 21:32 PM
CONCORD, N.H. (AP) -- New Hampshire's revenues continue to come in below projections.
The state received almost $12 million less in October than projected.
Administrative Services Commissioner Linda Hodgdon said there was one bright spot. She said taxes on property sales came in right on target for the first time in many months. The tax is an indicator of home sales.
The state received $204 million during the month. Since July, the state's tax receipts have come in almost $38 million below projections, but Hodgdon said the total does not reflect $6 million the state expects to receive soon.
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