State tax collections come in $14 million higher than originally expected

State tax collections in 2016-17 came in $14 million higher than had been expected in January, a bump of 0.1 percent, according to the Legislative Fiscal Bureau.
The nearly $15.2 billion collected in 2016-17 was up 2.8 percent compared to the previous year.
The final individual income tax collections of $8.04 billion came in $10.5 million less than had been estimated. But sales and corporate taxes — the other two biggest pieces of general purpose revenue — came in a little higher than expected.
The numbers released this afternoon close the book on tax collections for the last fiscal year, whic...

Please log in to access subscriber content.
If you don't have a subscription, click here for a WisPolitics free trial and to view the different subscription options.
Facebook
Twitter
LinkedIn

2022 Fall Election Results

Upcoming Events