MS Tax Collections Fall Short

Mississippi tax collections fell short of expectations in May.

Gov. Haley Barbour says in a statement that preliminary revenue for May fell 0.52 percent, or $1.8 million, below the estimate.

Barbour says while it is a small shortfall, it is consistent with a slowdown in economic growth that is being seen around the country.

For the fiscal year to date, Barbour says revenue is about $38 million above the revised estimate.

The fiscal year ends June 30.