August state revenues $4 million ahead of projections
CONCORD – State revenues were $4 million ahead of schedule for August as the first two months of the 2014 fiscal year are well ahead of estimates.
To date, state revenues total $238.4 million, $32.2 million more than estimates, or an increase of 15.6 percent.
For August – not a large revenue month –revenues were $107 million, up $4.1 million over estimates, or an increase of 4 percent.
The tobacco tax continues its strong showing as retailers and wholesalers purchased tax stamps ahead of the 10-cent-a-pack increase Aug. 1.
- With non-critical federal services shutting down and no budget deal in sight, whom do you blame for the impasse?
- Both are to blame
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