- Associated Press - Thursday, March 5, 2015

MONTPELIER, Vt. (AP) - With the tax filing season underway, Vermont state revenues are coming in stronger than forecast for February, 4 percent ahead of last year’s receipts to the general fund.

That’s the word from Administration Secretary Justin Johnson, who released his agency’s monthly report on state collections Thursday.

Johnson says general fund revenues totaled $71 million for February. That was about $8.22 million - or 13 percent - above target for the month.

He said the personal income tax receipts in February were driven by the week moratorium on refunding activity for individuals. The corporate income tax fells short for the month due to refunding activity. Sales and use and rooms and meals taxes also did not perform as well, though the short month may have contributed to the lag.


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