Information regarding state tax policy and recent revenue performance. State revenue is generated through a variety of sources, including both general fund taxes and other taxes and fees earmarked for special purposes or specific funds. Personal income and sales taxes comprise nearly 75 percent of general fund revenue. State revenues have begun to recover from the economic downturn, although forecasted fiscal 2012 revenue collections remain well below peak levels witnessed in fiscal 2008.
Staff Contact: Brian Sigritz
January 17, 2012
Senate Again Fails to Approve Either Democratic or Republican Extension of Payroll Tax Cut; House To Vote on its Version TomorrowDecember 12, 2011
December 12, 2011