Insider Intelligence

This week, the nonpartisan Senate Fiscal Agency released the June 2016 monthly revenue report.  According to the report, revenue for the General and School Aid Funds was 3.8% below June 2015 levels.  General Fund earmarked revenue was $85 million below projections, while School Aid Fund earmarked revenue was $1.2 million more than anticipated.  Most tax […]

This week, the nonpartisan Senate Fiscal Agency released revenue numbers from May 2016.  Last month’s revenue earmarked for the General Fund (GF) and School Aid Fund (SAF) was $1.7 billion, which is $63.5 million higher than projections from the May consensus revenue estimating conference, and 9.5% above May 2015 numbers.  Revenue to the GF was […]

This week, the non-partisan Senate Fiscal Agency released their monthly revenue report for February 2016.  Revenue for the General Fund and School Aid Fund totaled $1.0 billion for the month, a decrease of 1.3% from February 2015.  Revenue to the General Fund was $38.8 million below estimates, while the School Aid Fund collections were $30.8 […]

This week, the nonpartisan Senate Fiscal Agency released January 2016 revenue numbers.  According to their numbers, General Fund and School Aid fund earmarked revenue was $2.3 billion for the month, an increase of 3.4% from January 2015.  Net income tax revenue was $1.1 billion, an increase of 8.1% over the prior year.  While withholding payments […]

This week, the Senate Fiscal Agency (SFA) released their monthly revenue report for December 2015.  According to their numbers, December tax collections were $231.7 million lower than their estimates at the May 2015 consensus revenue estimating conference.  The breakdown as to where the collections were earmarked for is as follows; $137.4 million to the General […]