- Associated Press - Wednesday, March 12, 2014

LINCOLN, Neb. (AP) - A new report says Nebraska’s net tax receipts were 7.1 percent higher than expected in February.

The Nebraska Department of Revenue reported Wednesday that the state had $258 million in receipts. The certified forecast for the month was $241 million.

The revenue was boosted by higher-than-expected individual and corporate income taxes, and miscellaneous taxes. Sales and use taxes were lower than expected for the month.

Net tax receipts for the current fiscal year have totaled $2.5 billion so far, which is 3.4 percent above the state’s certified forecast.

The original estimates were approved in April by the Nebraska Economic Forecasting Advisory Board.


Online: Nebraska Department of Revenue, https://www.revenue.nebraska.gov/

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide