State tax revenues coming in on track

Idaho’s general fund revenue report is in for September, and it’s almost exactly on target, coming in very slightly over the forecasted level (about $69,400 above). That means state revenues for September of $229.1 million were on target at 9.5 percent higher than the same month the previous year. State chief economist Derek Santos reports that while sales taxes came in slightly below forecast for the month, at $91.6 million compared to a forecasted $93 million, all other categories of revenue came in ahead of forecast, including individual income tax receipts, which were $1 million ahead of forecast at $93 million. Since the fiscal year began July 1, total state tax collections are coming in very close to the forecast, lagging just 1.4 percent behind ($9.2 million). You can see all the numbers here .