Missouri revenues down, more spending cuts planned

Illinois is not the only state in trouble. 

April tax collections are down 19 percent from the same point last year, and collections are down 13.8 percent so far for the 2010 fiscal year that runs through June 30.

The average income tax payment has fallen nearly 30 percent this year compared to last year, while the average income tax refund has risen 8 percent, Luebbering said. State sales tax collections have declined for 10 straight fiscal quarters.

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