LINCOLN - Tax Commissioner James R. Kamm reports that gross General Fund receipts for August were $686 million, which is 7.1% below the forecast of $738 million. Tax Commissioner Kamm reported the following breakdown:

Gross Sales and Use: 5.8% below forecast
Gross Individual Income: 13.2% below forecast
Gross Corporate Income: 111.9% above forecast
Gross Miscellaneous: 30.3% above forecast

It was also reported that the Net General Fund receipts for fiscal year 2024-25 were $833 million, which is 4.0% below the forecast of $868 million.

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