Gross state revenue numbers in Nebraska continue to lag behind forecasts, but the State Tax Commissioner sees some positives in the latest report.
Tax Commissioner Tony Fulton says he understands, overall, the latest monthly gross state revenue figures fall two percent below the forecast at 507-Million dollars, mainly due to significant drops in individual and corporate income tax revenue. . .
Governor Pete Ricketts has ordered state agencies to pull back spending in light of the most recent state revenue figures.
Still, Fulton sees some positive in the otherwise gloomy figures. . .
Revenue is two percent below the forecast. Sales tax revenue did rise by about two percent.
