Louisiana’s Revenue Estimating Conference has lowered its estimate of general fund revenue in fiscal 2010 by another $103 million as result of declining collections of corporate income, energy severance, and sales taxes.

The panel last week said general fund collections would total $8.1 billion in fiscal 2010, which begins July 1, down $1.3 billion from the $9.4 billion collected in fiscal 2009. In December the four-member conference reduced its estimate for fiscal 2010 general fund revenues by $750 million.

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