Fri November 9, 2012
Nebraska tax receipts $228 million in October
LINCOLN, Neb. (AP) — The Nebraska Department of Revenue is reporting $228 million in October net tax receipts, an amount roughly in line with the state's certified forecast.
The amount collected was less than 1 percent below the earlier projection of $229 million. The department said Friday in a news release that net sales-and-use taxes were nearly 5 percent below projections, while net miscellaneous tax receipts were nearly 57 percent below the forecast.
Net receipts from individual income taxes were more than 5 percent above projections, while net corporate income tax receipts were nearly 70 percent above the state forecast.
The state issued $45 million in tax refunds in October.
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