OpenSky statement on June’s tax receipts report

For immediate release – July 14, 2016

LINCOLN — Below is a statement from OpenSky Policy Institute Executive Director Renee Fry regarding the Department of Revenue’s General Fund Tax Receipts Report.

“Unemployment is low, our economy is strong and yet revenues are down and our state’s budget shortfall has grown. This illustrates how unpredictable state revenues can be and why it is important that we remain cautious with fiscal decisions in order to avoid creating self-imposed crises. This also highlights the need to maintain a strong cash reserve to help protect our investments in our schools, roads and other vital services.”

Contact Chuck Brown at 402-610-1522 or cbrown@openskypolicy.org for more information.