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


NC Revenue Grows $1.23B From Prior Year

By Michael Nunes

North Carolina's total revenue collection from July 2025 through June surpassed the total from the prior fiscal year by $1.23 billion, according to the state controller's office.

Tenn. Revenue Through Aug. Rises $55M From Estimate

By Michael Nunes

Tennessee's general fund revenue from July through August beat budget forecasts by $55 million, according to the state Department of Finance and Administration.

Neb. Revenue Through Aug. $7.2M Above Target

By Michael Nunes

Nebraska's general fund revenue from July and August outpaced an estimate by $7.2 million, according to the state Department of Revenue.

NY Revenue Through August Up $4.7B From Last Year

By Michael Nunes

New York's total state revenue collection from April through August was $4.7 billion greater than the total during the same period last year, according to the state Department of Taxation and Finance.

Ill. Total Revenue Through Aug. Up $284M From Estimate

By Michael Nunes

Illinois' total revenue from July through August was $284 million better than forecast, according to the Governor's Office of Management and Budget.

NJ August Revenue Collections Up $353M From Last Year

By Paul Williams

New Jersey's collections from its major revenue sources in August totaled $3.19 billion, representing an increase of $353.5 million, or 12.4%, from the same time period last year, according to a report from the state Department of Treasury.

Ohio August Tax Revenue Beats Projections By $29.3M

By Paul Williams

Ohio's general fund tax revenue collections in August exceeded projections by $29.3 million, or 1.1%, according to the Office of Management and Budget.

Ky. Revenues Through Aug. Rise $310M From Last Year

By Michael Nunes

Kentucky's general fund revenue in July and August was $310 million higher than the same period last fiscal year, according to the Office of State Budget Director.

Idaho's Revenue Through Aug. Beats Estimate By $51M

By Michael Nunes

Idaho's general fund revenue from July through August outpaced estimates by $51 million, according to the Executive Office of the Governor.

Calif. Revenues Through Aug. Up $2.38B From Estimate

By Michael Nunes

California's general fund revenue collection in July and August outpaced government forecasts by $2.38 billion, according to the state Office of the Controller.

Ga. Receipts Through Aug. $164M Higher Than Last Year

By Michael Nunes

Georgia's general fund receipts in July and August were $164 million higher than the same period last fiscal year, according to the state Department of Revenue.

SD Revenue Through August $7M Ahead Of Estimate

By Michael Nunes

South Dakota's grand total revenue collection in July and August outpaced budget forecasts by $7 million, according to the state Bureau of Finance and Management.

Mont. Revenue Through Aug. Down From Last Year

By Michael Nunes

Montana's general fund revenue from July and August was $158,000 lower compared with the same period last fiscal year, according to the state Department of Revenue.

Ala. Tax Revenues Through August Up $420M From Last Year

By Michael Nunes

Alabama's tax collections from October through August were $420 million ahead of the same period last fiscal year, according to the state Department of Revenue.

Mass. Tax Revenue Through August Up $760M From Last Year

By Michael Nunes

Massachusetts tax collections in July and August were $760 million ahead of the same period in the preceding fiscal year, according to a report by the state Department of Revenue.

Miss. Revenues Through Aug. Up $72M From Estimates

By Michael Nunes

Mississippi's total general fund revenues in July and August were $72 million head of forecasts, according to the state Department of Revenue.

NH Total Receipts Up $6M From Budget Estimate

By Michael Nunes

New Hampshire's total receipts from July and August outpaced forecasts by $6 million, according to the state Department of Administrative Services.

Fla. Net Revenue In July Lags Estimate By $16M

By Michael Nunes

Florida net revenue collection in the first month of the 2027 fiscal year was $16 million under forecasts, the state's Office of Economic and Demographic Research said in a report released Thursday.

Kansas August Tax Collections Beat Estimate By 9.4%

By Paul Williams

Kansas' tax collections for August exceeded the budget forecast for the month by about $66.5 million, or 9.4%, according to the state Division of the Budget.

Ark. Revenue Through August Up $31M From Forecast

By Michael Nunes

Arkansas' net available general revenue in July and August was $31 million better than forecast, according to the state Department of Finance and Administration.