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Eye On Boise

Thu., March 7, 2013, 12:16 p.m.

February state tax revenues come in 19.7% over forecast

Idaho state tax revenues came in 19.7 percent above forecasts for the month of February, according to the latest general fund revenue report from the Division of Financial Management. That was partly because of individual income tax receipts for the month, which came in at $27.2 million, nearly twice the projection; and miscellaneous taxes, which got a big boost from higher insurance premium tax collections; but all categories exceeded the projections for the month, including corporate and sales taxes. February typically is the lowest month of the year for state revenue collections; the strong results pushed Idaho’s fiscal year-to-date collections up to 1 percent above the forecast. You can read the full General Fund Revenue Report here.

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Betsy Z. Russell
Betsy Z. Russell joined The Spokesman-Review in 1991. She currently is a reporter in the Boise Bureau covering Idaho state government and politics, and other news from Idaho's state capital.

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