/ Modified dec 21, 2016 5:32 a.m.

Sales Tax Revenue Turns in Another 'Poor Performance'

Monthly state revenue report says revenues fall short of budget by 0.4% for month.

State revenues 11-16 spotlight
JLBC

Arizona sales tax revenue had a second straight month of decline in November, coming in $9 million, or 2.5 percent, below the budgeted forecast, state analysts reported Tuesday.

"Sales tax had another month of poor performance," the Joint Legislative Budget Committee's monthly fiscal highlights report said. "This was partially offset by gains in the individual income tax and smaller miscellaneous revenue categories."

The sales tax performance pulled the state's overall revenue picture for the month down by almost $3 million, or 0.4 percent, compared with the budgeted forecast. For the first five months of the fiscal year, state revenues were $65.5 million above predictions, or 1.8 percent.

Of the eight state tax categories, only individual income tax was higher than budgeted, up 1.2 percent or $3.9 million for the month, the report said.

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