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Tax Authority State & Local Tax Revenue Report

As the increased federal funding from the 2021 American Rescue Plan Act runs out, states that responded to healthy coffers by reducing income tax rates may find themselves struggling to raise revenue sufficient to support spending. Meanwhile, states that used the federal funds to build up their rainy-day accounts may have a fiscal cushion for any difficult times ahead.

Whether the coffers are low or state treasuries are feeling flush, all are carefully monitoring their inflow of tax revenue. Here, Law360 Tax Authority provides up-to-date coverage on states' tax revenue.





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--Graphics by Ben Jay.

NEWS & ANALYSIS

Tenn. Revenue In July Up $418M From Estimate

By Michael Nunes

Tennessee's total revenues in July beat budget projections by $418 million, according to the state Department of Finance and Administration.

La. Revenues In July Up $71M From Last Year

By Michael Nunes

Louisiana's general fund revenue in July exceeded last year's revenue by $71 million, according to a report released Tuesday by the state Department of Revenue.

Wash. Revenue From July To August Up $301M Over Last Year

By Michael Nunes

Washington's total revenue collection from July 11 through Aug. 10 rose $301 million compared to the same period last year, according to the state Economic and Revenue Forecast Council.

Neb. Total Net Revenues In July Lag Behind Estimate

By Michael Nunes

Nebraska's total net revenue collection in July was $401,000 behind projections, according to the state Department of Revenue.

Ill. Revenue In July Beats Forecast By $144M

By Michael Nunes

Illinois total revenue in the first month of the state's 2027 fiscal year exceeded an estimate by $144 million, according to state comptroller's office.

NJ Revenues Grow $3.2B From Prior Fiscal Year

By Michael Nunes

New Jersey's total major revenues from June 2025 through July outpaced the total for the previous fiscal year by $3.2 billion, according to the state's Department of the Treasury.

NY Tax Collections Through July Up $4.4B From Last Year

By Michael Nunes

New York's total tax collections from April through July outpaced the same period last fiscal year by $4.4 billion, according to the state Department of Taxation.

Idaho Revenue In July $14M Above Estimate

By Michael Nunes

Idaho's total revenue collection in July was $14 million higher than projected, according to the state Division of Financial Management.

SD Revenues In July Lag Behind Estimate By $6M

By Michael Nunes

South Dakota's general fund revenue in July trailed projections by $6 million, according to the state Bureau of Finance and Management.

Calif. Revenue In July Beats Forecast By $179M

By Michael Nunes

California's total revenue in the first month of its 2027 fiscal year was $179 million better than expected, according to the state comptroller.

Ind. Revenue In July Beats Forecast By $23M

By Michael Nunes

Indiana's general fund revenue in July was $23 million better than expected, according to the State Budget Agency.

Minn. Revenue Tops Forecast By $133M In July

By Michael Nunes

Minnesota's general fund revenue in July exceeded an estimate by $133 million, according to the state's Department of Management and Budget.

Ky. Revenues In July 29% Higher Than Last Year

By Michael Nunes

Kentucky's general fund revenue from last month was 29% higher than in July 2025, according to a report by the state Office of State Budget Director.

Ohio Revenues In July Lower Than Last Year By $71M

By Michael Nunes

Ohio's general fund revenue collection in July was $71 million behind the same period last year, according to the Office of Management and Budget.

Mont. Revenue In July $8M Below Last Year

By Michael Nunes

Montana's general fund revenue in July was $8 million below the same month last year, according to the state Department of Revenue.

Texas Revenue Through July Up 3% From Last Year

By Michael Nunes

Texas' revenue collection from September 2025 through July exceeded the total for the same period last fiscal year by 3%, according to the state comptroller.

Mass. Revenue In July Rises By $398M

By Michael Nunes

Massachusetts' tax revenue collection in July was $398 million ahead of last year, according to the state Department of Revenue.

Kansas Tax Collection In July Up $40M From Estimate

By Michael Nunes

Kansas' total receipts in July beat budget forecasts by $40 million, according to the state Division of the Budget.

Iowa Revenue Collection In July Grows By $46M

By Michael Nunes

Iowa's general fund receipts in July rose $46 million compared with the same month last year, according to the state Department of Management.

Ark. Revenue In July Beats Forecast By $26M

By Michael Nunes

Arkansas' net revenue in July outpaced forecasts by $26 million, according to the state Department of Finance and Administration.