State revenues up

State tax collections were higher than expected in February. The state took in about $261.5-million dollars last month. <br><br>That's almost 13% more than last year and about 7% more than what finance

Tuesday, March 9th 2004, 12:00 am

By: News On 6

State tax collections were higher than expected in February. The state took in about $261.5-million dollars last month.

That's almost 13% more than last year and about 7% more than what finance officials had estimated.

The extra money means budget cuts are unlikely and the extra cash could go into the state's rainy day reserve fund.