Opinion: Tax Collections Sink Down Another Month: State's Ability to Fulfill Obligations Compromised

Governor Perdue released the revenue collections data for September, marking an entire quarter of dismal revenue -- an average of 14.2 percent decline from the previous year.

"Georgia's revenue has been in a consistent state of decline for the last nine months," said Alan Essig, executive director of the Georgia Budget & Policy Institute.

"This is evidence, along with Georgia's horrible unemployment rates, that the state will not reach the governor's recent goal of just a 3.5 percent decline from last year for this fiscal year."

"Georgia has already implemented over $2 billion in cuts from public services in this year's budget. The state must consider additional revenues for a more balanced approach to reducing our chronic deficit," said Essig. The vast majority of other states, including our southern neighbors, are combining raising revenues with cuts.

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