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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

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.

Delaware's Net Receipts Rise $323M From Last Year

By Michael Nunes

Delaware's net receipts during the 2026 fiscal year were $323 million higher than last year, according to the state Department of Finance.

Mich. General Revenue Climbs $1.06B From Last Year

By Michael Nunes

Michigan's general revenue in the 2026 fiscal year was $1.06 billion higher than last fiscal year, according to the Department of Revenue.

Ariz. Revenues In Fiscal Year 2026 Up $376M From Forecast

By Michael Nunes

Arizona's general fund revenue collection from July 2025 through June exceeded estimates by $376 million, according to the state Joint Legislative Budget Committee.

Tenn. Revenues Through June Up $764M From Estimate

By Michael Nunes

Tennessee's general revenue from August 2025 through June exceeded projections by $764 million, according to the state Department of Finance and Administration.

Idaho Revenues Through Fiscal Year $172M Over Estimate

By Michael Nunes

Idaho's general fund revenue collection from July 2025 through June exceeded estimates by $172 million, according to the state Division of Fiscal Management, but trailed last year's total collection.

NY Tax Collections Through June Up $3.7B From Last Year

By Michael Nunes

New York's total revenue collection from April through June outpaced the same period last fiscal year by $3.7 billion, according to the state Department of Taxation and Finance.

Ill. Revenue Tops Estimate For Year By $420M

By Michael Nunes

Illinois' general fund revenue collection from July 2025 through June exceeded a forecast by $420 million, according to the state's Office of Management and Budget.

Neb. Net Receipts In Fiscal Year Down $229M From Estimate

By Michael Nunes

Nebraska's net receipts from July 2025 through June trailed forecasts by $229 million, according to a state Department of Revenue report released Wednesday.