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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.





Click any state to see more infomation




--Graphics by Ben Jay.

NEWS & ANALYSIS

Idaho Revenue In July $14M Beats 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.

Fla. Net Revenue In Fiscal Year Beats Estimate By $870M

By Michael Nunes

Florida's net revenue from July 2025 through June outpaced budget projections by $870 million, according to the state Office of Economic and Demographic Research.

NC Revenues Through May $388M Under Estimate

By Michael Nunes

North Carolina's total revenues from July 2025 through May underperformed forecasts by $388 million, according to the state controller in a report released Wednesday.

W.Va. Revenue In July Tops Estimate By $11M

By Michael Nunes

West Virginia's general fund revenue collection in July was $11 million better than expected, according to the state Department of Revenue.

Maine Revenue In Fiscal Year Beats Estimate By $119M

By Michael Nunes

Maine's general fund revenue from July 2025 through June exceeded forecasts by $119 million, according to the state Department of Administrative and Financial Services.

Vt. General Revenues Through Fiscal Year Down $24M

By Michael Nunes

Vermont's general fund revenue from July 2025 through June sank $24 million behind the previous fiscal year's total, according to the state's Agency of Administration.

NH Receipts $170M Higher Than Projected For Year

By Michael Nunes

New Hampshire's total receipts from July 2025 through June outpaced an estimate by $170 million, according to preliminary figures released by the state's Department of Administrative Services.

Wyo. Revenue Last Fiscal Year Beat Estimate By $93M

By Michael Nunes

Wyoming's general fund revenue from July 2025 through June bested forecasts by $93 million, according to the state Consensus Revenue Estimating Group.