Archive
Revenue Growth Slows a Bit Through Five Months
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 […]
State Revenue Remains Strong but Caution Encouraged
The Executive Appropriations Committee adopted revised revenue estimates for FY 2019 and new estimates for FY 2020. When combined with the year-end surplus from FY 2018 and after adjusting for above trend revenue, available revenue is expected to be $646 million one-time and $675 million ongoing. Details on available revenue can be found online. Economic […]