Tag: revenue_forecast
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Nebraska's May Net Receipts Fall Below Forecast, Fiscal Year Shows Growth
Nebraska's May net receipts were $511 million, 7.8% below forecast, due to higher refunds. Fiscal year 2025-26 net receipts hit $6.067 billion, 10.7% higher than the prior year, despite being 2.9% below the revised forecast.
Politics and GovernmentBusinessUSAGeneral PoliticsState GovernmentsEconomy NebraskaGeneral Fund ReceiptsTaxationFiscal Year 2026Revenue ForecastJames R. KammGovernment Finance
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Virginia Forecasts $1.5 Billion Revenue Boost Amid Economic Concerns
Virginia Governor Abigail Spanberger announced an updated revenue forecast showing a $1.5 billion increase for FY2026-2028. Despite the boost, Spanberger and Secretary of Finance Mark D. Sickles cautioned about national economic instability and volatile revenue sources.
Politics and GovernmentBusinessConflictGeneral PoliticsState GovernmentsEconomyMiddle EastEmployment and Labor VirginiaAbigail SpanbergerRevenue ForecastGeneral FundBudgetGeneral AssemblyReston