LINCOLN, Neb. (AP) — Nebraska's net tax receipts in the month of February dipped below projections.
state tax commissioner's office reported Monday that net receipts came
in at $216 million, or more than 2 percent below the certified forecast
of $221 million.
The report shows that net sales-and-use taxes
were above projections. But corporate and individual income taxes and
miscellaneous taxes all came in lower than expected.
The comparisons are based on a February 2012 forecast made by the Nebraska
Economic Forecasting Advisory Board. The forecast was adjusted for
legislation passed in 2012, divided into monthly estimates and certified
in July to the Legislature.
The board met again last month, and
revised its forecast upward by nearly $111 million. Only downward
revisions to the forecast are certified.