Nebraska’s Tax Receipts Down in March

Nebraska-Economic-Forecasting-Advisory-BoardNebraska’s net tax receipts in the month of March dipped below projections.

The state tax commissioner reported Wednesday that net receipts were $273 million, a little more than 6 percent below the state’s certified forecast.

The commissioner says net sales-and-use taxes, individual income taxes and net miscellaneous taxes were all below the forecast. Net corporate income taxes came in above the projections.

The comparisons in the report were based on a forecast made by the Nebraska Economic Forecasting Advisory Board in February 2012. The forecast was adjusted for bills that were passed last year.