- Associated Press - Thursday, December 15, 2016

LINCOLN, Neb. (AP) - State officials say Nebraska collected less tax revenue than expected in November.

The Nebraska Department of Revenue announced in its monthly report Thursday that the state collected $359 million, which is nearly 5 percent below the state’s official forecast.

The report says net sales-and-use, individual income and corporate income tax receipts were all lower than the state forecast. Net miscellaneous taxes were higher.

Nebraska has collected nearly $1.7 billion in the current fiscal year that began on July 1, which is more than 1 percent below the state’s certified forecast.

The comparison is based on the projections approved by the Nebraska Economic Forecasting Advisory Board in October.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide