The state collected less money than it expected to during its last fiscal year, although overall tax revenues increased.
Figures released by the state Department of Revenue show general purpose revenue tax collections were up 3.8 percent during the 2015-16 fiscal year, which ended in June. However, those were off about 0.6 percent from what the agency had projected in January, resulting in the state collecting about $85 million less than anticipated.
Overall, the state took in about $15.1 billion during the last fiscal year.
The numbers only reflect what the state collected during that time period and do not show what impact any discrepancy had on the state’s financial picture. A more complete report from the Department of Administration is due to be released in October.
