Getting your player ready...
DENVER—The Colorado Department of Revenue says sales-tax collections for the state in November were lower than the previous year.
Department of Revenue figures show the state collected $168.4 million last month. Compared to the same month last year, it’s a 9.1 percent decrease.
The figures were released as Gov. Bill Ritter and lawmakers await the latest state economic forecast expected to be unveiled Friday.
Previous forecasts show the state in a $560 million budget shortfall this fiscal year. A budget shortfall of $1 billion is predicted for next year.
Fiscal years end in June.
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Information from: The Denver Post,
