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April 29, 2016

Late April Revenue Slowdown May Be Cause for Concern

As of April 27th, General Revenue (GR) collections, (net of refunds) for the month of April had declined by about $219 million or by 18.3 percent, compared to April 27th of last year. This results in a net GR growth rate of 0.4 percent for FY 2016 overall. This growth rate is
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