
- Law360
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Bankruptcy Authority
- Law360 Healthcare Authority
- Tax Authority Maps
- Tax Authority Map
- Sections
- Home
- Federal
- State & Local
- International
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.

NEWS & ANALYSIS
By Michael Nunes
Texas' net revenues from September through June were 2.5% higher than last year for the same period, the state comptroller reported.
By Michael Nunes
West Virginia's revenue collection throughout fiscal year 2025 outpaced forecasts by $255 million, according to a preliminary report by the State Budget Office.
By Michael Nunes
Arizona's general revenue collection for July 2024 through May outpaced forecasts by $189 million, according to a report by the state's Joint Legislative Budget Committee.
By Michael Nunes
Michigan's general fund revenue from October through May beat last year's total by $700 million, the State Budget Office said Monday.
By Michael Nunes
Delaware's net receipts from July through May outpaced last fiscal year's total for that span by $151 million, according to the state Department of Finance.
By Michael Nunes
Maine's general fund revenue from July through May outpaced estimates by $36 million, according to a report by the state's Department of Administrative and Financial Services.
By Michael Nunes
South Carolina's gross general revenue collection from July through May outpaced the total for the same period last fiscal year by roughly $1 billion, according to a report by the state Board of Economic Advisors.
By Michael Nunes
Pennsylvania's general revenue collection from July through May beat last year's collection for the same period by $827 million, the state Department of Revenue reported.
By Michael Nunes
Utah's general revenue collection from July through May beat last year's total for that period by $773 million, according to a report by the state Tax Commission.
By Michael Nunes
Vermont's total general fund revenue collection from July through May outpaced last year during the same period by $221 million, the state Agency of Administration reported.
By Michael Nunes
New York's general revenue collection from May through June outpaced last year by $2.27 billion, according to a report by the state Department of Taxation and Finance.
By Michael Nunes
Rhode Island's general fund revenue collection for July through May underperformed an estimate by $1.1 million, according to the state Department of Revenue.
By Michael Nunes
North Carolina's total revenue collection from July through May surpassed the amount collected during the same period last fiscal year by $980 million, according to the state controller's office.
By Michael Nunes
Virginia's general fund revenue collection from July through May surged ahead of last year by $1.6 billion, according to a report by the state finance secretary.
By Michael Nunes
Wisconsin general revenue collection for July through May beat last year's collection by $896 million, according to a report by the state Department of Revenue released Tuesday.
By Michael Nunes
Illinois general fund revenue from July through May outpaced a forecast by $225 million, according to a report by the Office of Management and Budget.
By Michael Nunes
New Jersey's total revenue collection for July through May beat last year's collection by $1.58 billion, according to a report by the state Treasury.
By Michael Nunes
Idaho's general revenue collection from July through May underperformed estimates by $99 million, according to the state Division of Financial Management.
By Michael Nunes
Connecticut net revenues from July through May outpaced collections made during the same period last fiscal year by $1.16 billion, according to the state Department of Revenue.
By Michael Nunes
Minnesota's general fund revenue collection in May outpaced forecasts by $23 million, according to a report by the state Office of Management and Budget.