Nebraska

Nebraska tax collections beat expectations in April

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LINCOLN, Neb. (AP) — Nebraska collected extra tax income than projected in April and continues to be nicely forward of expectations for the present fiscal yr. The state Division of Income reported internet April tax receipts of $939 million, which is 66.7% above the official state forecast of $563 million.

The numbers are sometimes increased in April as taxpayers file their returns. Web sales-and-use taxes had been barely beneath the forecast, whereas internet particular person and company incomes taxes and internet miscellaneous taxes all got here in increased than predicted.

Nebraska has collected $5.153 billion within the present fiscal yr that ends on June 30. That’s 11.1% above the official forecast of $4.637 billion.

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