DALLAS - Arkansas state agencies are being asked to cut their fiscal 2009 budgets by almost $107 million after the Department of Finance and Administration said tax revenues next year would be lower than expected.

The department reduced its forecast for gross general revenues in fiscal 2009, which begins July 1, to $5.53 billion from $5.61 billion and reduced the estimated net general revenues by $106.7 million to $4.4 billion.

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