Fri., August 6, 2010 3:02pm (EDT)

July Revenues Up
By Melissa Stiers
Updated: 4 years ago

ATLANTA  —  
July’s tax collections released today are 4 percent higher than July 2009. (photo by thinkpanama via flickr)
July’s tax collections released today are 4 percent higher than July 2009. (photo by thinkpanama via flickr)
For the second month in a row, Georgia’s revenue has improved since last year.

July’s tax collections released today are 4 percent higher than July 2009.

Spokesperson for the Governor Burt Brantley says this year’s budget was created with an anticipation the economy would grow by 4 percent.

"If these numbers hold then it will be in the ballpark of what we estimated which means the budget that the legislature passed may end up being an actual budget that we don’t have to adjust that much more," says Brantley.

Still the governor has asked state agencies to submit proposals with 4, 6, and 8 percent budget reductions as the state waits to see if any aid comes from Washington in the form of education money or Medicaid funds.