Little Rock expects to collect $130.8 million in revenue in 2010, $3.7 million less than expected and almost $7 million less than predicted when the city adopted its budget for 2009.

City manager Bruce Moore told Little Rock directors last week that the latest projections show sales tax revenue in 2010 of $60.1 million, down from the $62.9 million collected in 2008. However, that is slightly better than the $59.2 million now expected to be collected in 2009.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.