Nebraska collects higher amount of tax revenue last month

LINCOLN, Neb. (AP) – Nebraska state government once again collected more tax revenue than expected last month.

The Nebraska Department of Revenue reports that the state received a net of $290 million in October, which is nearly 9% higher than the $266 million expected in an April forecast.

The department says net corporate and individual income taxes were higher than expected, as was net miscellaneous taxes. Net corporate income tax collections were nearly three times larger than expected.