States' Revenue Picture Mixed So Far This Year, NCSL Says

While revenue projections are being met or exceeded in many states, collections in other states are not keeping up with what policymakers and finance officials expected when they crafted their budgets for fiscal 2008, according to a report released today by the Denver-based National Conference of State Legislatures.

Three Midwestern states—Iowa, Kansas and Nebraska—have raised their revenue forecast for this fiscal year, as have Idaho, New Mexico, Texas, Utah, Washington, and Wyoming in the West. Alaska is expected to do the same. But some of the largest states in the country—California, Florida, and New York—are among the 11 that are revising their estimates...