Proposition 1

Eye on Boise: State revenues fall just shy of predictions

November 13, 2011

BOISE – Idaho’s general fund revenues for October are in, and they’re almost exactly on target, missing state economists’ forecast by just 0.7 percent. At $209.9 million, the month’s tax take is $1.6 million below the $211.4 million forecast. Sales taxes came in $4.1 million below the expected level, but all other categories came in ahead of the forecast. Individual income tax revenues for October were 5.9 percent above October of the previous year; the forecast was for 4.9 percent growth. Sales taxes were up 1.6 percent over the previous October; the forecast had called for 6.3 percent.

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