Douglas says state revenues on target for the year

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Revenues for Vermont state government were off for September, but the Douglas administration says it looks like the state is on target for the full year.

One-hundred-eight million dollars was collected last month, about three percent less than estimates.

That put the state about two million dollars behind where it expected to be for the first three months of the year.

But Administration Secretary Michael Smith says he believes state government will make the budget for the full year.

The personal income and corporate income taxes were lower than projected for September, but the sales and the rooms and meals taxes exceeded targets.

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