Nebraska Tax Receipts $1 Million Less than Projections

(8-11-14) Tax receipts for the State of Nebraska were slightly below projections in July.

The State Department of Revenue said Monday that the state's net tax receipts for the month totaled $241 million. Nebraska was projected to collect $242 million in its certified revenue forecast.

Net revenue from sales-and-use taxes and corporate income taxes came in higher than projected. Those amounts were offset by lower-than-expected net revenue from individual income taxes and miscellaneous taxes. 

The state revenue projection was approved by the Nebraska Economic Forecasting Advisory Board in February.

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