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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Eye On Boise

State tax revenues exceed forecasts in May, for 7th straight month

Idaho state tax revenues came in above forecasts again in May, running 5.4 percent ahead. That puts year-to-date general fund collections 9.5 percent above last year’s level and 3.8 percent ahead of forecasts. Individual income taxes led the gains, coming in 22.7 percent ahead of forecasts; corporate income taxes were well below forecasts due to higher than expected refunds during May, while sales taxes were 1 percent below forecasts. It was the seventh straight month the state general fund tax revenues exceeded forecasts. You can see the full monthly Idaho General Fund Revenue Report here.

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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