SC revenues show another drop in June

COLUMBIA -- South Carolina general fund revenues continue to decline, state Comptroller Richard Eckstrom announced today.

According to a press release, revenues for June 2009 were 10 percent ($71.7 million) lower than revenues for June 2008, and off 12.5 percent ($828.0 million) for the last 12 months.

Individual income tax revenue in June was down 10.1 percent ($36.8 million) compared to corresponding revenues for the previous June, and off 15.4 percent ($512.6 million) for the year.

According to the news statement, Sales tax revenue in June 2009 decreased 6.7 percent ($13.8 million) compared to June 2008 sales taxes, and off 8.5 percent ($190.5 million) for the year.

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Savannah River Site resumes normal activity

A suspicious item was discovered Wednesday afternoon at the Savannah River National Laboratory which prompted emergency responseactivities.

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