DALLAS - The Louisiana Revenue Estimating Conference has endorsed a revenue projection for fiscal 2010 that increases the expected $1.27 billion revenue shortfall by an additional $30 million.

The four-member board accepted the revenue estimate of Greg Albrecht, chief economist for the Legislative Fiscal Office, rather than one developed by David Hoppenstedt of the Division of Administration that projected an additional $153 million drop in revenue next fiscal year, which begins July 1.

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