Idaho’s September Revenue Report Up Slightly from Forecast

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Idaho General Fund collections of $229.1 million in September 2011 were $0.1 million above the forecast amount.

Idaho’s Division of Financial Management released its latest revenue report today showing a slight uptick in individual income and corporate tax collections over what state economists had predicted.

“Idaho General Fund collections of $229.1 million in September 2011 were $0.1 million above the forecasted amount.” – Division of Financial Management

Still, Idaho sales tax collections were lower than expected.

“It was expected to contribute $93 million to the state’s General Fund in September.  Instead, it added $91.6 million.” – Division of Financial Management

That $1.4 million gap is much smaller than August’s shortfall which came in at $6.8 million under what economists had forecast.