WASHINGTON - Total tax collections declined in nearly every state in the first quarter of 2009, which could lead to a boost in bond issuance, according to a new report released yesterday by the Nelson A. Rockefeller Institute of Government.

State tax revenue fell by 12.6% compared to the same time a year ago, and that budgetary pain could lead some states to issue more bonds because they will not have the revenue needed to finance projects on a pay-as-you-go basis, according to Robert Ward, deputy director of the institute.

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