State Revenues Improving

In a pleasant turn around, state revenues appear to be back on track. While it is too early to celebrate, the news is better than the gloom and doom from the revenue estimates from two weeks ago. The state is not out of the revenue woods yet, but at least the hole is not getting deeper. The May Revision is scheduled for May 14th. We will have more accurate revenue and expenditure numbers at that time.

Please contact me if you have any questions at 916.441.3300 or dwalrath@m-w-h.com.

~Dave Walrath