
- Law360
- Law360
- 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
The forecast of Oregon's general fund revenue for the 2023-2025 biennium was lowered by $162 million, according to a report released by the state Office of Economic Analysis.
By Michael Nunes
Nebraska's net general fund receipts from July through April were in line with budget forecasts, according to a report by the state Department of Revenue, but trailed last year's collection by $1 billion.
By Michael Nunes
Oklahoma general fund revenue from July through April outpaced a forecast by $144 million, according to a report by the state Office of Management and Enterprise Services.
By Michael Nunes
Illinois general fund revenue collection from July through April edged higher than a budget forecast by $58 million, according to the governor's Office of Management and Budget.
By Michael Nunes
Wisconsin's general purpose revenue collection from July through April was $512 million higher than last year during the same period, according to the state Department of Revenue.
By Michael Nunes
New Jersey's tax revenue collection so far this fiscal year has been better than expected, the state's treasurer told the state Assembly Budget Committee on Wednesday, saying her department would increase its revenue forecast for both fiscal year 2025 and 2026.
By Jaqueline McCool
Pennsylvania's general fund collections for April were $363 million higher than the state's estimate, finishing at $6.2 billion, the state Department of Revenue said in a report.
By Michael Nunes
Ohio's total revenues from July through April proved to be $533 million ahead of estimates, according to a report by the state Office of Budget Management.
By Michael Nunes
Louisiana general revenue collection in April trailed last year by $169 million, according to a report by the state Department of Revenue.
By Michael Nunes
Idaho's general fund revenue collection from July through April trailed estimates by $55 million, the state Division of Financial Management reported.
By Michael Nunes
Minnesota general fund revenue in April exceeded an estimate by $391 million, the state Department of Management and Budget reported.
By Michael Nunes
Georgia's total general fund receipts from July through April beat last year's total for the same period by $312 million, according to a report from the governor's office released Monday.
By Michael Nunes
Indiana's general fund revenue from July through April underperformed an estimate by $51 million, according to a report by the state Budget Agency.
By Michael Nunes
California's total receipts from July through April outpaced forecasts by $5.6 billion, according to a report by the State Controller's Office.
By Michael Nunes
Missouri's general fund revenue from July through April fell $88 million compared with the same period last fiscal year, according to the state Department of Revenue.
By Michael Nunes
New Hampshire's total revenue receipts from July through April were $42 million weaker than expected, according to a report by the state Department of Administrative Services.
By Michael Nunes
Kansas' tax collection from July through April beat estimates by nearly $20 million but lagged behind last year's total, according to a report by the state Division of the Budget.
By Michael Nunes
Iowa's total receipts from July through April lagged $529 million behind collections from the same period in the previous year, according to a report by the state Department of Management.
By Michael Nunes
Massachusetts general revenue collection from July through April exceeded budget forecasts by $1.9 billion, according to a report by the state Department of Revenue.
By Michael Nunes
Vermont's total general fund revenue from July through March outpaced last fiscal year's collection for that period by $177 million, according to the state Agency of Administration.