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

Arizona Tax Revenue Up 7 Percent in May

State revenues are still down for the year.
by Christopher Conover

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

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.

MORE: Economy, Legislature, News
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