Wednesday, April 13, 2011

State tax revenues exceed estimates

Apr. 13, 2011, Marion Star

By Jessica Alaimo
CentralOhio.com

Ohio’s General Revenue Fund is slowly getting healthier.

Tax revenues collected in March exceeded expectations by $157 million, according to the state’s monthly financial report released Tuesday.

Among the highlights:
» Income tax collections exceeded expectations by $80 million.
» Sales tax collections exceeded expectations by $69 million.
» Corporate franchise taxes exceeded expectations by $21 million.


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