Idaho

Idaho's November tax revenue collections fall short

BOISE, Idaho (AP) - Idaho is on track to have roughly $63 million less in tax revenue than budget forecasters predicted, with general fund revenue collections for the month of November coming in nearly $16 million lower than expected.
 
A report from the Legislative Services Office released Monday says that when the 2019 Legislature convenes next month, lawmakers on the budget-setting committee could see an estimated ending balance of $43.7 million. That's about $1.4 million less than the budget they set last March.
 
So far this year Idaho's revenue collections total more than $1.4 billion. Budget officials say weak individual income tax collections are dragging down stronger revenue collections in other categories, like sales taxes and corporate income taxes.


comments powered by Disqus

Most Popular Stories

Top Stories