November state tax revenues beat forecast

Idaho state tax revenues in November came in 5.9 percent ahead of forecasts, the governor’s Division of Financial Management reports, pushing the fiscal year-to-date total collections to $12.3 million, or 1.1 percent ahead of projections. The biggest jump came in individual income tax collections, which were up 9.7 percent. Sales tax collections, while 8.1 percent of the previous November, fell 0.8 percent short of forecasts. Overall, state tax revenues for the fiscal year to date, which started July 1, are 5.8 percent ahead of last year’s pace. You can read the full monthly General Fund Revenue Report here .