Pennsylvania: Tax Revenue Falls Short

Tax revenue for the state was $125 million short of projections for May, leaving the state with a $1.2 billion shortfall for the budget year ending June 30, the State Department of Revenue said. Through 11 months of the fiscal year, Pennsylvania has collected $24.6 billion, or 4.8 percent less than expected for that period in Gov. Edward G. Rendell’s $27.8 billion budget. Mr. Rendell has identified about $700 million of cuts and additional revenue to make up part of the gap.

A version of this brief appeared in print on June 2, 2010, on page A15 of the New York edition.