Home – Budgets in Brief - January 22 2018

Budgets in Brief - January 22 2018

WY GETS REVENUE BOOST FROM AIRBNB DEAL:

WYOMING took in about $1.25 million more in lodging taxes between August and December of last year than it did the year before. A sizeable portion of that increase was due to the tax collection agreement the state made with Airbnb, which experienced 132 percent growth in the state in 2017, resulting in part from a surge in visitors to the state to view the solar eclipse in August. (CASPER STAR TRIBUNE)

 

INCOME TAX WINDFALL IN CT:

Quarterly tax receipts have surged by $675 million in CONNECTICUT, according to a report last week from state budget analysts. Most of that revenue will automatically be deposited into the state’s Rainy Day Fund, boosting it to nearly $900 million. (CONNECTICUT MIRROR [HARTFORD])

 

-- Compiled by KOREY CLARK