Much of the deficit is a result of reduction in personal income tax collection, a key revenue source for the state. (suncommunitynews.com)
However, since the beginning of the year, state income tax collections have been much higher than had been projected. (wshu.org)
In addition, the special one - time factors affecting corporate income tax collections in 2009 - 10 were only booked in March 2010 and in the end - of - year accounting period, so that they are having no impact on the current monthly results. (3dpolicy.ca)