Neb. net tax collections higher than expected Feb.

By: AP
By: AP

Lincoln, NE (AP) - A new report says Nebraska's net tax receipts were 7.1 percent higher than expected in February.

The Nebraska Department of Revenue reported Wednesday that the state had $258 million in receipts. The certified forecast for the month was $241 million.

The revenue was boosted by higher-than-expected individual and corporate income taxes, and miscellaneous taxes. Sales and use taxes were lower than expected for the month.

Net tax receipts for the current fiscal year have totaled $2.5 billion so far, which is 3.4 percent above the state's certified forecast.

The original estimates were approved in April by the Nebraska Economic Forecasting Advisory Board.


Online: Nebraska Department of Revenue,

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KGWN-TV 2923 E. Lincolnway Cheyenne, Wyoming 82001 307-634-7755 KSTF-TV 3385 N. 10th Street Gering, Nebraska 69341 308-632-7535
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 249911581 -