LINCOLN — The Nebraska Department of Revenue says net tax receipts for December were about 4% lower than expected.
That ends up being a difference of about $14 million. Sales-and-use, individual income, and miscellaneous receipts were lower than projected, while corporate income collections were higher.
An economist for the Department of Revenue says a slow down in sales tax revenue is one reason for the dip. That is believed to be due to declines in farm income.
The economist adds the overall state economy appears to be in good shape.
