/ Modified jun 21, 2017 9:48 a.m.

Arizona Tax Revenue Up 7 Percent in May

State revenues are still down for the year.

Cash Register, Retail, Economy hero City sales tax proposal would add a half-cent to every dollar of retail purchases.

LISTEN

Arizona tax collections for May were up nearly 7 percent compared to a year ago.

The monthly report from the Joint Legislative Budget Committee showed the increased revenue came from a bump in personal income tax payments and a decrease in the amount of money refunded.

The state budget is still short on projected revenues for the 2016-2017 fiscal year.

A budget surplus will make up for the shortfall, according to analysts.

By posting comments, you agree to our
AZPM encourages comments, but comments that contain profanity, unrelated information, threats, libel, defamatory statements, obscenities, pornography or that violate the law are not allowed. Comments that promote commercial products or services are not allowed. Comments in violation of this policy will be removed. Continued posting of comments that violate this policy will result in the commenter being banned from the site.

By submitting your comments, you hereby give AZPM the right to post your comments and potentially use them in any other form of media operated by this institution.
Arizona Public Media broadcast stations are licensed to the Arizona Board of Regents. Arizona Public Media and AZPM are registered trademarks of the Arizona Board of Regents.
The University of Arizona