Tax Authority State & Local Tax Revenue Report

As the increased federal funding from the 2021 American Rescue Plan Act runs out, states that responded to healthy coffers by reducing income tax rates may find themselves struggling to raise revenue sufficient to support spending. Meanwhile, states that used the federal funds to build up their rainy-day accounts may have a fiscal cushion for any difficult times ahead.

Whether the coffers are low or state treasuries are feeling flush, all are carefully monitoring their inflow of tax revenue. Here, Law360 Tax Authority provides up-to-date coverage on states' tax revenue.






Click any state to see more infomation




--Graphics by Ben Jay.

NEWS & ANALYSIS


Texas Revenues Rise 1% In 2024 Fiscal Year

By Michael Nunes

Texas' general revenue collection from September 2023 through August was roughly 1% higher than it was in the prior fiscal year, the state comptroller's office said.

Pa. Revenue Through Aug. Beats Forecast by $54 Million

By Michael Nunes

Pennsylvania's general fund collection in the first two months of the 2025 fiscal year was $54 million more than budget projections, according to the state's revenue secretary.

Arkansas Net Revenues Up $10M From Forecast

By Michael Nunes

Arkansas net general revenue in July and August was $10 million above estimates, according to a report the state Department of Finance and Administration published Wednesday.

W.Va. Revenues Through Aug. Lower Than Budget Forecast

By Michael Nunes

West Virginia's general revenue collection through August was down $205,000 from budget forecasts, according to the state Budget Office.

Kansas' Total Receipts Through Aug. Beat Estimates By $7M

By Michael Nunes

Kansas' total tax receipts in the first two months of the 2025 fiscal year were $7 million higher than estimates, according to the governor's office.

Maine General Revenues In July $106M Over Budget

By Michael Nunes

Maine's revenue collection in July beat budget estimates by roughly $106 million, according to the state Department of Administrative and Financial Services.

Mich. Revenues Through July Drop $504M From 2023

By Michael Nunes

Michigan general fund revenues from October 2023 through July 2024 decreased by $504 million from last fiscal year, the state Budget Office said Friday.

Wis. Fiscal Year Revenues $275M Over Forecast

By Michael Nunes

Wisconsin revenue collection through the 2024 fiscal year was $276 million over budget projections, the state Department of Revenue said.

Vt. General Revenue In July Exceeds Last Year By $28M

By Michael Nunes

Vermont's general revenue collection for the first month of the fiscal year was roughly $28 million higher than last year, the state Agency of Administration said in a report.

SC Ends Fiscal Year With Revenues $355M Over Forecast

By Michael Nunes

South Carolina's general fund ended the 2024 fiscal year with revenues $355 million higher than expected, according to the state Board of Economic Advisors.

ND General Fund Revenues Top Estimates By $3M In July

By Michael Nunes

North Dakota's general fund revenue in the first month of the 2025 fiscal year was $3 million over estimates, according to a monthly report by the state Legislative Council.

NM General Revenues From July Through March Up $421M

By Michael Nunes

New Mexico collected $421 million more in revenue than estimated between July 2023 and March 2024, according to a report by the state's Legislative Finance Committee.

Ariz. Revenue Collection Starts 2025 Up $83M From Forecast

By Michael Nunes

Arizona's total general revenue in July was $83 million higher than forecast, according to a report by the Joint Legislative Budget Committee.

Idaho's July Revenue Collection Down $5M From Estimates

By Michael Nunes

Idaho's general revenue collection at the start of the 2025 fiscal year was $5 million below forecasts, according to a report by the state Division of Financial Management.

Miss. Tax Revenue In July Fell $12.9M From Last Year

By Michael Nunes

Mississippi tax collection in the first month of the 2025 fiscal year was $12.9 million less than last year, according to the state Department of Revenue.

Neb. General Revenues In July Beat Forecast

By Michael Nunes

Nebraska general revenues in July, the start of the 2025 fiscal year, were roughly $855,000 higher than expected, according to a report by the state Department of Revenue.

Ohio Collects $3.8B At Start Of Fiscal Year

By Michael Nunes

Ohio collected $3.83 billion in revenue in July, the start of fiscal year 2025, in line with budget estimates, according to the state's Office of Budget and Management.

NJ's 13-Month Revenue Up $98M From FY 2023

By Michael Nunes

New Jersey collected $98 million more revenue over the past 13 months than in the previous fiscal year, according to a report by the state's Department of the Treasury.

Ga. Begins 2025 Fiscal Year With General Revenues Up $66M

By Michael Nunes

Georgia's general fund receipts for July, the first month of the 2025 fiscal year, were $66 million higher than last year, according to the state Department of Revenue.

Ky. General Revenue In July Up $141M From Last Year

By Michael Nunes

Kentucky general revenue in July was $141 million higher than last year, according to the state Budget Director's Office.