Thursday, May 10, 2007

Calif. revenues top forecast after April surge

(Reuters) - The governor is scheduled to present lawmakers on Monday with his revised budget plan for the state's next fiscal year. That plan will guide final budget talks with lawmakers.

"The increase in personal income tax revenues certainly is welcome news for California, but we need to keep tabs on a few indicators that suggest revenue growth may slow as we enter the next fiscal year," Chiang said in a statement.


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