LINCOLN, Neb. (AP) — Nebraska state government collected $45 million more than expected last month.
The Nebraska Department of Revenue reported net tax collections of $495 million in January, which is 10% than the state forecast of $450 million.
Nebraska reported higher-than-expected net revenues from individual income taxes and miscellaneous taxes, but lower-than-expected net receipts from sales-and-use taxes and corporate income taxes. The state has received $3.354 billion in the current fiscal year, which began July 1. That’s 3.7% higher than the state projection of $3.235 billion at this point in the year.