LINCOLN, Neb. (AP) - Nebraska’s revenue department says state revenue fell below expectations in April, but a tax policy group says the report doesn’t use the newest available numbers.
The Nebraska Department of Revenue reported Wednesday that net tax receipts totaled $478 million in April, which is more than 10 percent below a state forecast that was certified in February.
The OpenSky Policy Institute says that report doesn’t consider a newer state forecast that was approved last month but hasn’t yet been certified. When the April estimates are factored in, OpenSky says revenue was actually 2 percent higher than expected.
Nebraska State Budget Administrator Gerry Oligmueller says the state is still $16 million short of its expected revenue for the fiscal year, based on the latest forecast that still has to be certified.
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