January 2019 Archive

The Tax Commission released their 6th month TC-23 on January 22nd.  We are halfway through the fiscal year.  Through the first 6 months, the state has collected about 45% of the current revenue collection forecast.  Typically, at this point in the year, the state would have collected between 46% and 51% to reach target. The […]

Every month the Tax Commission releases a monthly revenue snapshot. This gives us a chance to compare what’s actually happening this the projected figures.  This past month’s report showed revenue growth slowing slightly to 11.1%.  In October revenue growth was 13.8%.  In November it was 11.2%. Overall, revenue is moving closer towards the current target […]