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Colorado Governor Says Surge in Revenue Means Additional Cuts Unlikely.

By Kit Miniclier, The Denver Post Knight Ridder/Tribune Business News

Oct. 10-- An unexpected surge in state revenue since Colorado's budget year began on July 1 means additional cuts "are unlikely this fiscal year," Gov. Bill Owens said Thursday.

State revenues were $30.2 million above projections for the first quarter of the state's fiscal year. That included individual income tax receipts, which were $13.9 million ahead.

"This is the first time revenues have gone up in two years. Typically, we've had to significantly revise downward over

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