NEBRASKA SEPTEMBER TAX RECEIPTS $110 MILLION OVER PROJECTIONS

LINCOLN- According to a report issued by the Nebraska Department of Revenue, Nebraska's net tax collections were up nearly 18% over projections.

September's net revenue receipts were up nearly $110 million, continuing a trend started in July of higher-than-predicted figures.

In July and August, the state's net collections were up 1.1% and 4.8% respectively, with September's coming out at 9.4%.

Last Friday, Gov. Ricketts released a statement celebrating September's figures, saying that the increased numbers will help the state provide more tax relief while making increased investments.

"Nebraska's growth continues to be incredibly strong," said Gov. Ricketts, "creating opportunities for our families to enjoy the good life, thanks to Nebraskans whose hard work is helping our state thrive."

The forecasting board will meet again in late October to update previous projections. Both the Legislature and the Governor utilize these predictions while making tax and budget decisions.

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