“The story on the General Fund is that growth has slowed over the last three months since COVID-19,” Kirk Fulford, deputy director of the fiscal division of the Legislative Services Agency. “With over 40 revenue sources dedicated to the General Fund, it can withstand a few sources slowing down without causing an enormous impact if other sources are growing. Through February, year-to-date growth was $100 million, 11.5% and now stands at $106.5 million, 7.3%, growth through June.”
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July 04, 2020 at 07:18AM
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General Fund revenue dips in June; ETF awaiting income tax payments - WBRC
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