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LINCOLN, Neb. (AP) - Nebraska's state government tax receipts were lower than expected in May.
The Department of Revenue reported Thursday that net receipts totaled $348 million, which was 1.2 percent below the state's certified forecast.
The department says net receipts from individual income taxes, sale-and-use taxes and miscellaneous taxes came in lower than predicted. Net receipts from corporate income taxes were higher.
Nebraska is still on pace to collect more than expected during the fiscal year that ends on June 30. So far, the state has collected 2.2 percent more than projected.
The projections were certified by the Nebraska Economic Forecasting Advisory Board in February 2014.
© Associated Press
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