Arkansas general fund revenue in February was $365 million, almost $7 million less than expected and $31 million less than in February 2009. The drop is the 12th time in the last 15 months that revenue fell below the same month of the previous year.

The latest report from the Department of Finance and Administration showed a decline of $22.9 million in individual income tax revenue and a $12.2 million drop in sales taxes compared to February 2009.

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