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Nebraska State Tax Receipts Beat Expectations In February | KTIC Radio

Nebraska State Tax Receipts Beat Expectations In February

Nebraska State Tax Receipts Beat Expectations In February

Nebraska state government tax collections beat expectations in February.

The Nebraska Department of Revenue reported net tax receipts Friday of $315 million, which is more than 7% above the certified forecast of $293 million. The department says net individual income, corporate income and miscellaneous tax collections were all higher than expected.

Net sales-and-use tax revenue came in lower than projected. The state has also collected more than expected in the current fiscal year that ends June 30.

Nebraska has received $3.275 billion so far, compared to projections of $3.021 billion.

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