DOR: Revenue fails to meet expectations fiscal YTD and in March

THE DEPARTMENT OF REVENUE reported that April continued a downward slide in the 2017 fiscal year with a 26.1 million dollar shortcoming from previous estimates.
THE DEPARTMENT OF REVENUE reported that April continued a downward slide in the 2017 fiscal year with a $26.1 million revenue shortcoming from previous estimates.
PROVIDENCE – State revenue was $43 million lower than forecast during the first nine months of the fiscal year, the R.I. Department of Revenue said this week. In the month of March alone, revenue was nearly $16 million lower than expectations. Revenue for the fiscal period through March totaled approximately $2.37 billion compared with expected…

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