OMAHA, Neb. (AP) - Nebraska state government collected slightly less money than expected in December, the Department of Revenue said Friday.
The department reported net tax receipts of $436 million for the month, compared to the official estimates of $440 million. Net sales-and-use and individual income tax collections were lower than projected, while net miscellaneous and corporate income taxes came in higher.
Nebraska still has collected more revenue than expected in the current fiscal year that began on July 1. The state reported net tax receipts of $2.869 billion, which is nearly 8% above the certified forecast of $2.659 billion.
The estimates were set by the Nebraska Economic Forecasting Advisory Board in July and adjusted for new state laws passed in last year's legislative session.