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.