Revenue review.
Position | TRENDS AND TRANSITIONS - Brief article |
The health of state revenues depends on where you live. Based on responses to NCSL's March budget update survey, several legislative fiscal office directors believe revenues have hit bottom and are starting to stabilize and even grow, while others continue to see declining revenues.
WHERE STATES ARE
PERSONAL INCOME TAX COLLECTIONS
(FY 2011)
22
Above Estimate
17
On Target
3
Below Estimate
GENERAL SALES TAX
16
Above Estimate
21
On Target
4
Below Estimate
CORPORATE INCOME TAX
11
Above Estimate
18
On Target
15
Below Estimate
Note: States did not respond to all questions.
Source: NCSL State Budget Update: March 2011.
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