November state tax revenues come in $8M ahead of forecast
Idaho’s state tax revenues for November came in $8 million higher than forecast, thanks largely to stronger than expected individual and corporate income tax collections, which were high enough to offset a slightly lower than anticipated sales tax month. The month’s revenue figures were 4.2 percent over forecast. For the fiscal year to date, tax revenues are now almost exactly on forecast, running ahead by $6.5 million, or 0.6 percent. You can see the full monthly General Fund Revenue Report here.