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, Law360 Tax Authority provides up-to-date coverage on states' tax revenue.






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--Graphics by Ben Jay.

NEWS & ANALYSIS


Del. Net Revenue Through April $64M Higher Than Prior Year

By Michael Nunes

Delaware's net general revenue receipts from July through April beat last fiscal year's total for that period by $64 million, according to the state Department of Finance.

Wis. General Revenues Through April Up $144M

By Michael Nunes

Wisconsin general fund revenue from July through April was $144 million higher than during the same period last fiscal year, according to the state Department of Revenue.

Maine Revenues Through April Down $102M From Forecast

By Michael Nunes

Maine's revenue collection from July through April missed budget projections by $102 million, according to the state Department of Administrative and Financial Services.

Mich. Total Revenue Through April Falls $590M From Last Year

By Michael Nunes

Michigan's total general revenue from October through April was down $590 million compared with the same period last fiscal year, the state Budget Office said Thursday.

NC Total Revenue Through April Dips $23M From Last Year

By Michael Nunes

North Carolina's total revenue for July through April fell $23 million from last year, the Office of the State Comptroller said.

Colo. Net Revenue Collection In April Up $218M

By Michael Nunes

Colorado's total general fund revenue in April was $218 million higher than collections last year, the state Department of Revenue reported.

Idaho Revenue Through April Up $89M Over Forecasts

By Michael Nunes

Idaho general revenue collection from July through April was up $89 million over budget forecasts, the state Division of Financial Management reported.

SC General Revenue Through April Up $333M From Last Year

By Michael Nunes

South Carolina's general revenue collection from July through April was up $333 million from last year, the state Board of Economic Advisors reported.

ND General Fund Revenue Up $264M From Forecast

By Michael Nunes

North Dakota general revenue collection from July through April was up $264 million from budget estimates, the state's Legislative Council reported.

Ariz. General Revenues Through April Top Forecast By $120M

By Michael Nunes

Arizona general revenue fund from July through April was $120 million higher than forecasts, the state Joint Legislative Budget Committee reported.

Vt. General Revenue Collection Up $38M From Last Year

By Jaqueline McCool

Vermont general revenue collection from July through April exceeded last year's total by $38 million, according to a monthly report by the state Agency of Administration.

Tenn. Tax Collection Falls $494M Short Of Estimate

By Michael Nunes

Tennessee's tax revenue collection from August through April underperformed a budget projection by $494 million, the state Department of Finance and Administration said in a report.

Utah Revenue Through April Rises $19M From Prior Year

By Michael Nunes

Utah collected $19 million more in net general revenue from July through April than it did during the same period last fiscal year, the state Tax Commission reported.

Va. Revenue Through April Grows $1.1B From Prior Year

By Michael Nunes

Virginia general revenue collection from July through April was up by $1.1 billion compared with the same period last fiscal year, according to a statement from the state Department of Accounts.

RI General Revenue Through April Exceeds Forecast By $6M

By Michael Nunes

Rhode Island's total general revenue from July through April was $6 million higher than budget estimates, according to a report by the state's Department of Revenue.

Kan. Tax Collection Through April Up $316M From Last Year

By Michael Nunes

Kansas' total tax revenue collected from July through April grew $316 million from the previous fiscal year, according to a monthly report by the state Department of Revenue.

Okla. Revenue Through April Beat Estimates By $285M

By Michael Nunes

Oklahoma's general revenue collection from July through April exceeded budget forecasts by $285 million, according to a monthly report by the state Office of Management and Enterprise Services.

Miss. Revenue Collection Through April Up $51M

By Michael Nunes

Mississippi revenue collection from July through April was up $51 million from last fiscal year, according to a monthly report by the state Department of Revenue.

Ill. Revenues Beat Budget Forecasts By $388M

By Michael Nunes

Illinois' total general fund revenue for July through April exceeded budget projections by $388 million, the state Office of Management and Budget reported.

Neb. Net Receipts Through April Beat Forecasts By $139M

By Michael Nunes

Nebraska's net receipts from July through April were $139 million higher than projections, according to a monthly report by the state Department of Revenue published Wednesday.