Idaho's tax revenue growth remains strong

Idaho's tax revenue growth remains strong
Posted at 12:24 PM, Jun 11, 2018
and last updated 2018-06-11 14:24:29-04

Idaho's tax revenues continue to grow, driven in part by a strong economy.

The Post Register in Idaho Falls reports the state had collected about $3.4 billion in tax revenue by the end of May. That's nearly $1 billion more than the state collected during the same period in 2014 -- and about $300 million more than last year.

June typically marks one of the biggest months for tax revenue and, if that remains the case this year, the state could be on track for record tax receipts, officials said.

Overall, revenue is projected to rise nearly ten percent above last year's total.

(by Associated Press)