State tax receipts were below expectations but largely above November 2023 numbers.
The state had $675.5 million in total tax receipts last month, below estimates by $25.4 million or 3.6 percent but up four percent from last year.
Individual income tax collections and corporate income tax collections were both below projections but ahead of November 2023. Combined retail sales and compensating use tax numbers missed both projections and November 2023 figures.
