February 2020 Archive
Sales Tax Growth Improving, Not Enough to Close Gap in Education and General Funds
On Thursday (Feb. 20th), the Governor’s Office of Management and Budget and the Legislative Fiscal Analyst released their updated 2020 Consensus Revenue Estimates. These estimates, along with the Tax Commission’s TC-23 Report for revenue collections to date, paint a picture of state financial status to date, along with expectations for the next 16 months. Both […]
Revenue Collections in-line with Latest Estimates
First Half of FY 2020 in the Books Reports for December and January show both General and Education Fund revenues coming in on-target, with collections for the first half of the year slightly higher than targets adopted in November. December’s numbers showed General Fund sales-tax collections slightly below the estimate, while January’s revenue performance was […]