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Eye On Boise

Wed., May 7, 2014, 5:45 p.m.

April state tax revenues fall 4.1% below forecast, putting state about even for year

Idaho state tax revenues came in 4.1 percent below projections for April, the biggest month of the year; because they’d been running ahead prior to that, the result is that year-to-date state tax revenues are just 0.2 percent below forecasts, almost right on the mark. The April shortfall of $18.6 million was largely due to lower than expected individual income tax receipts, which were 7.1 percent below the forecast; corporate taxes also missed forecasts, falling 5.1 percent below expectations. Sales taxes slightly beat the forecast; you can read the full Idaho 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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