/ Articles / April state tax collections year-to-year decline approached $1 billion

April state tax collections year-to-year decline approached $1 billion

National unemployment soars to levels not seen since the Great Depression


May 12, 2020 by Richard Moore

State policy makers were expecting grim news when April’s state tax collections data rolled in; that state data has now rolled in, and the news is, well, grim.

For this April, the Legislative Fiscal Bureau (LFB) reported this past week, state tax collections came in $870 million below those of April 2019. Specifically, tax collections for the month were $1.145 billion, and, for the 10 months of the current fiscal year, collections were $313 million below those over the same 10 months...

To read full article


Read This Next


{{ item.published_at | unix_to_date }}

{{ tag | uppercase}},

{{ item.title }}

{{ item.description | truncate(200) }}


See more latest news »

Stay Connected to the Northwoods

Learn what a subscription to the Lakeland Times offers you:

Subscribe Today »