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Tax Authority State & Local Tax Revenue Report

As the increased federal funding from the 2021 American Rescue Plan Act runs out, states that responded to healthy coffers by reducing income tax rates may find themselves struggling to raise revenue sufficient to support spending. Meanwhile, states that used the federal funds to build up their rainy-day accounts may have a fiscal cushion for any difficult times ahead.

Whether the coffers are low or state treasuries are feeling flush, all are carefully monitoring their inflow of tax revenue. Here, 暗网禁区 Tax Authority provides up-to-date coverage on states' tax revenue.





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--Graphics by Ben Jay.

NEWS & ANALYSIS

Montana Revenues Through May Up $43M, Dept. Says

By Michael Nunes

Montana's general fund revenue collection from July through May beat last year's total for the same time frame by $43 million, according to a report by the state Department of Revenue.

Ark. Revenue Through May Tops Forecast By $17M

By Michael Nunes

Arkansas' net general fund revenue from July through May outperformed an estimate by $17 million, the state Department of Finance and Administration said Tuesday.

W.Va. Revenues Through May Beat Forecast By $237M

By Michael Nunes

West Virginia's general fund revenue collection for July through May outpaced budget forecasts by $237 million but underperformed last year's total by $158 million, according to the State Budget Office.

Mich. General Revenue Jumps By $720M Through April

By Michael Nunes

Michigan's total general fund revenue for October through April outpaced last year by $720 million, according to a report by the state Budget Office.

Maine Revenue Falls $29M Short Of Projections Through April

By Michael Nunes

Maine revenues from July through April lagged $29 million behind estimates, according to a report by the state Department of Administrative and Financial Services.

Colorado Revenue Drops $90M In April

By Michael Nunes

Colorado's total general fund revenue collected in April lagged $90 million behind the same month聽last year, according to the state Department of Revenue.

Kentucky Revenue Through April Falls $27M From Last Year

By Michael Nunes

Kentucky's general fund revenue from July through April dropped by $27 million from the same period last fiscal year, according to the state budget director's office.

ND General Fund Revenues Up $108M From Forecast

By Michael Nunes

North Dakota's general fund revenue from July 2023 through April beat estimates by $108 million, according to the state Legislative Council.

RI Revenues Through March Up $29M From Forecasts

By Michael Nunes

Rhode Island's general fund revenue collection for July through April outpaced estimates by $29 million, the state Department of Revenue reported.

Tenn. Revenues Through April Fall $128M From Estimates

By Michael Nunes

Tennessee's general fund revenue collection from July through April lagged behind budget forecasts by $128 million, according to the state Department of Revenue.

SC Revenue Through April Up $894M From Last Year

By Michael Nunes

South Carolina's gross general fund revenue from July through April beat last year's total for that period by $894 million, according to the state Board of Economic Advisors.

Ariz. General Revenue Collections Up $223M From Forecasts

By Michael Nunes

Arizona's general revenue collection from July through April outpaced estimates by $223 million, according to the state Joint Legislative Budget Committee.

Utah General Revenue Collection Through April Up $594M

By Michael Nunes

Utah's general fund revenue collection from April through July outpaced last year during that time frame by $594 million, according to the State Tax Commission in a report released Tuesday.

NC Tax Revenue Collection Through April Up $884M

By Michael Nunes

North Carolina's general fund revenue from July through April outpaced last year's total during the same period by $884 million, according to a report by the state controller.

Virginia General Revenue Collection Through April Up $1.4B

By Michael Nunes

Virginia's total general fund revenue from July through April outpaced last year's for that period by $1.4 billion, according to the state Department of Accounts.

Miss. Tax Collection Through April Falls $31M From Last Year

By Michael Nunes

Mississippi's total tax collection from July through April lagged $31 million behind the amount for the same period last fiscal year, according to a report by the state Department of Revenue.

NY Tax Collection In April Rises $2B From Last Year

By Michael Nunes

New York's total tax collection in April outpaced last year's total for the month by $2.26 billion, according to a report by the state Department of Taxation and Finance.

Oregon Lowers Revenue Forecast For Biennium By $162M

By Michael Nunes

The forecast of Oregon's general fund revenue for the 2023-2025 biennium was lowered by $162 million, according to a report released by the state Office of Economic Analysis.

Nebraska Net Receipts Through April Level With Estimates

By Michael Nunes

Nebraska's net general fund receipts from July through April were in line with budget forecasts, according to a report by the state Department of Revenue, but trailed last year's collection by $1 billion.

Okla. Revenue Through April Beats Estimate By $144M

By Michael Nunes

Oklahoma general fund revenue from July through April outpaced a forecast by $144 million, according to a report by the state Office of Management and Enterprise Services.