Miss. tax collections beat expectations in August - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

Miss. tax collections beat expectations in August

JACKSON, Miss. (AP) - Mississippi tax collections were above expectations in August, for the second month in a row.

Department of Revenue spokeswoman Kathy Waterbury says all three major tax categories - sales, individual income and corporate income - were up for the month.

Lt. Gov. Phil Bryant says this is the third time in the past 25 months for tax collections to beat projections, and that's a good sign for the state.

Waterbury says overall tax collections in August were more than $12.4 million, or 3.9 percent, ahead of projections. For the first two months of the fiscal year - July and August - collections are $19.1 million ahead, or 3.6 percent.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

 

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