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					 The Nelson A. Rockefeller Institute of Government
             Fiscal Studies Program

              Quarterly State Tax Revenue

                    April-June, 2008



Figure 1   Real Adjusted Tax Revenue, 1991-2008
Table 1    Quarterly State Tax Revenue, 1999-2008
Table 2    Quarterly State Tax Revenue by Major Tax, 1999-2008
Table 3    Percent Change in Quarterly Tax Revenue by State, April-June, 2007 to 2008
Table 4    State Tax Revenue, April-June, 2007 and 2008 ($ in millions)
Table 5    State Tax Revenue, July-June, 2007 and 2008 ($ in millions)
                                        The Nelson A. Rockefeller Institute of Government
                                                    Fiscal Studies Program

                                                             Quarterly State Tax Revenue

                                                           Year-Over-Year Percent Change



                                                 Real Adjusted Tax Revenue, 1991-2008
                                                    Year-Over-Year Percent Change
  15


  10


   5


   0


  (5)


 (10)


 (15)


 (20)
        1991   1992    1993     1994     1995    1996     1997     1998    1999     2000    2001     2002     2003       2004   2005   2006   2007   2008

Source: Individual state data, analysis by Rockefeller Institute. Legislated tax changes by NCSL and inflation by BEA.
                             The Nelson A. Rockefeller Institute of Government
                                         Fiscal Studies Program

                                          Quarterly State Tax Revenue, 1999-2008

                                               Year-Over-Year Percent Change

                               Total Nominal            Adjusted Nominal           Inflation       Adjusted Real
                                  Change                    Change                   Rate             Change
2008
April-June                                   4.7 %                      3.9 %              6.6 %            (2.5) %
Jan.-March                                   1.6                        0.6                6.1              (5.2)
2007
Oct.-Dec.                                    2.6                        1.8                5.9              (3.9)
July-Sept.                                   4.7                        4.3                5.0              (0.6)
April-June                                   6.1                        7.2                4.9               2.2
Jan.-March                                   4.8                        5.8                4.7               1.0
2006
Oct.-Dec.                                    4.3                        5.0                3.8               1.2
July-Sept.                                   4.6                        5.5                4.8               0.7
April-June                                   9.9                        9.9                6.0               3.7
Jan.-March                                   6.8                        6.8                6.0               0.7
2005
Oct.-Dec.                                   7.6                         7.7                6.9               0.8
July-Sept.                                  9.3                         9.7                7.0               2.6
April-June                                 13.2                        12.9                6.2               6.3
Jan.-March                                 11.4                         9.5                5.9               3.4
2004
Oct.-Dec.                                   7.8                         7.3                5.7               1.5
July-Sept.                                  8.6                         8.1                4.6               3.4
April-June                                 11.2                         9.0                3.9               4.9
Jan.-March                                  8.1                         7.0                3.0               3.9
2003
Oct.-Dec.                                    7.3                        4.9                3.8               1.0
July-Sept.                                   4.5                        2.6                3.9              (1.2)
April-June                                   3.2                        0.4                3.9              (3.4)
Jan.-March                                   1.4                       (1.0)               4.7              (5.4)
2002
Oct.-Dec.                                    1.9                        0.3                3.3              (2.9)
July-Sept.                                   2.5                        0.7                2.7              (2.0)
April-June                                 (10.6)                     (12.1)               2.2             (14.0)
Jan.-March                                  (7.8)                      (8.2)               1.7              (9.7)
2001
Oct.-Dec.                                   (2.7)                      (2.2)               2.0              (4.1)
July-Sept.                                  (3.1)                      (2.4)               2.6              (4.9)
April-June                                   2.5                        4.2                3.3               0.8
Jan.-March                                   5.1                        6.3                3.6               2.6
2000
Oct.-Dec.                                   4.0                         5.0                4.2               0.7
July-Sept.                                  7.1                         7.7                4.5               3.0
April-June                                 11.4                        11.8                4.5               6.9
Jan.-March                                  9.7                        10.4                4.8               5.3
1999
Oct.-Dec.                                    7.4                        8.4                3.7               4.5
July-Sept.                                   6.1                        6.7                3.2               3.4
April-June                                   5.0                        8.0                2.7               5.1
Jan.-March                                   4.8                        6.5                2.0               4.4


Data from Nelson A. Rockefeller Institute of Government Revenue Report Database.
                             The Nelson A. Rockefeller Institute of Government
                                         Fiscal Studies Program

                                 Quarterly State Tax Revenue by Major Tax, 1999-2008

                                               Year-Over-Year Percent Change

                                   Personal                  Corporate             Sales              Total
                                 Income Tax                 Income Tax              Tax              Taxes ^
2008
April-June                                   7.4 %                     (6.9) %             (1.9) %          4.7 %
Jan.-March                                   4.3                       (5.1)               (0.1)            1.6
2007
Oct.-Dec.                                    4.0                      (15.3)               2.3              2.6
July-Sept.                                   6.3                       (2.8)               3.1              4.7
April-June                                   8.7                        2.5                3.1              6.1
Jan.-March                                   6.8                       14.3                2.8              4.8
2006
Oct.-Dec.                                   4.0                        16.8                5.0              4.3
July-Sept.                                  6.6                        11.1                4.1              4.6
April-June                                 15.1                        14.7                5.7              9.9
Jan.-March                                 10.6                       (13.8)               6.6              6.8
2005
Oct.-Dec.                                   5.7                        24.8                5.5             7.6
July-Sept.                                  9.0                        25.4                7.8             9.3
April-June                                 18.2                        21.9                7.9            13.2
Jan.-March                                 11.6                        61.6                6.1            11.4
2004
Oct.-Dec.                                   8.8                        27.0                6.0             7.8
July-Sept.                                  8.3                        23.2                5.8             8.6
April-June                                 15.6                        13.6                7.1            11.2
Jan.-March                                  8.7                        15.2                8.3             8.1
2003
Oct.-Dec.                                    6.6                       11.1                6.6              7.3
July-Sept.                                   5.1                        9.0                3.7              4.5
April-June                                  (0.9)                      17.9                2.9              3.1
Jan.-March                                  (3.1)                      10.3                1.9              1.4
2002
Oct.-Dec.                                   (0.7)                      22.4                 0.7             1.9
July-Sept.                                  (1.6)                       4.8                 3.8             2.5
April-June                                 (22.3)                     (11.7)                1.5           (10.4)
Jan.-March                                 (14.3)                     (16.1)               (1.0)           (7.8)
2001
Oct.-Dec.                                   (2.7)                     (31.8)               1.0             (2.7)
July-Sept.                                  (3.7)                     (24.0)               0.0             (3.1)
April-June                                   5.4                      (13.1)               0.5              2.5
Jan.-March                                   8.7                       (9.1)               3.4              5.1
2000
Oct.-Dec.                                   5.8                        (7.7)               4.2             4.0
July-Sept.                                 11.0                         5.7                4.6             7.1
April-June                                 18.8                         4.2                7.3            11.4
Jan.-March                                 13.6                         8.0                8.2             9.7
1999
Oct.-Dec.                                    9.1                        3.8                7.3              7.4
July-Sept.                                   7.6                        1.4                6.7              6.1
April-June                                   6.0                       (2.1)               7.3              5.0
Jan.-March                                   6.6                       (2.6)               6.1              4.8

Data from Nelson A. Rockefeller Institute of Government Revenue Report Database.
                 The Nelson A. Rockefeller Institute of Government
                             Fiscal Studies Program

                    Percent Change in Quarterly Tax Revenue by State

                                  April-June, 2007 to 2008
                     Personal            Corporate           Sales              Total
                   Income Tax           Income Tax            Tax              Taxes ^
United States               7.4 %               (6.9) %              (1.9) %          4.7 %

New England               10.3                    (2.2)              (2.0)           4.3
Connecticut               13.3                   (15.9)              (4.3)           5.9
Maine                      8.9                    (9.7)               2.0            3.5
Massachusetts              9.1                    (0.4)               0.0            5.5
New Hampshire               NA                    31.0                 NA            5.8
Rhode Island               8.8                    (3.4)              (3.8)           1.8
Vermont                    2.5                    (0.3)              (3.9)          (6.3)

Mid Atlantic              16.5                    (5.9)            1.3               9.6
Delaware                   2.9                    63.2              NA               0.4
Maryland                   1.5                     8.1            14.9               7.0
New Jersey                  ND                      ND              ND                ND
New York                  24.6                   (13.4)            1.4              14.5
Pennsylvania               4.8                    (9.0)           (4.2)              2.4

Great Lakes                5.8                   (17.5)              1.9             3.9
Illinois                   8.2                     2.7               2.5             4.8
Indiana                    5.9                    (3.4)              0.6             1.0
Michigan                  16.2                   (58.0)              4.7            14.6
Ohio                       2.1                   (30.3)              0.2            (1.8)
Wisconsin                 (2.2)                   (0.8)              0.5             0.7

Plains                     6.7                     3.1               (0.9)           3.7
Iowa                       7.3                    10.6                3.2            7.3
Kansas                     3.2                    (6.8)              (8.4)          (1.4)
Minnesota                 11.2                    22.6               (1.6)           4.8
Missouri                   3.4                   (15.3)              (0.7)           0.7
Nebraska                   6.1                     3.9                1.7            2.6
North Dakota               9.9                    26.6                7.4           30.0
South Dakota                NA                      NA                5.0           (3.2)

Southeast                  3.4                   (11.5)            (4.3)            (1.7)
Alabama                    4.3                    (1.4)            (0.7)             2.1
Arkansas                   7.0                   (27.4)            (4.1)             0.3
Florida                     NA                   (10.8)            (6.6)            (9.0)
Georgia                   (4.7)                  (26.7)            (8.6)            (7.3)
Kentucky                  27.6                   (64.2)            (0.9)             3.5
Louisiana                 (2.2)                   20.5              2.0              1.6
Mississippi               64.6                    (1.1)             0.3             18.5
North Carolina             0.8                    (0.9)            (3.4)            (0.6)
South Carolina            (2.2)                   26.8            (10.4)            (2.8)
Tennessee                   NA                    (7.5)            (1.5)             0.1
Virginia                  (2.6)                    2.5             (2.3)            (3.3)
West Virginia             11.7                   (27.5)            (3.2)             0.6



                                             6
Southwest                                     (8.7)                        (15.6)     1.1     10.9
Arizona                                      (14.1)                        (14.7)    (4.6)    (9.2)
New Mexico                                      ND                            ND       ND       ND
Oklahoma                                      (0.3)                        (18.0)    (1.2)     4.2
Texas                                           NA                            NA      2.3     16.7

Rocky Mountain                                 1.8                          2.6      (6.1)    (2.1)
Colorado                                       3.2                         (7.2)     (1.2)     1.3
Idaho                                          1.2                          6.3      (6.0)     0.1
Montana                                       25.0                         13.2        NA    (10.0)
Utah                                          (6.0)                         9.5     (15.2)    (7.0)
Wyoming                                         NA                           NA       8.8     18.6

Far West                                       6.1                         (0.1)     (4.8)     7.5
Alaska                                          NA                         44.0        NA    138.9
California                                     5.7                         (0.6)     (5.8)     2.2
Hawaii                                        (6.0)                        (0.9)     (3.2)    (4.9)
Nevada                                          NA                           NA      (4.7)    (3.7)
Oregon                                        13.7                         (5.7)       NA     11.3
Washington                                      NA                           NA      (1.3)    (3.8)

^ - Total taxes equal sum of PIT, CIT, sales, and other taxes not shown.
NA - Not applicable.
ND - No data.


Data from Nelson A. Rockefeller Institute of Government Revenue Report Database.




                                                                      7
                              The Nelson A. Rockefeller Institute of Government
                                          Fiscal Studies Program

                              State Tax Revenue, April-June, 2007 and 2008 ($ in millions)

                                       2007                                                     2008

                  Personal   Corporate        Sales       Total             Personal   Corporate       Sales       Total
                Income Tax Income Tax          Tax       Taxes ^          Income Tax Income Tax         Tax       Taxes ^
United States         86,759     15,232         55,942     189,794              93,181     14,179        54,871     198,784

New England           7,832          938         2,912         14,866           8,639         917         2,853      15,507
Connecticut           2,636          274         1,272          4,996           2,987         230         1,217       5,292
Maine                   574           77           333          1,232             626          70           340       1,275
Massachusetts         4,061          401         1,017          6,162           4,430         399         1,017       6,500
New Hampshire           NA           108           NA             483             NA          141           NA          511
Rhode Island            337           55           212            777             366          53           204         790
Vermont                 224           24            79          1,217             229          24            76       1,140

Mid-Atlantic         16,051        2,006         5,714         27,691          18,694        1,887        5,786      30,349
Delaware                294           71           NA             813             303          115          NA          817
Maryland              2,367          262           860          3,776           2,402          283          988       4,039
New Jersey              ND           ND            ND             ND              ND           ND           ND          ND
New York              9,882          781         2,627         15,174          12,312          676        2,663      17,371
Pennsylvania          3,508          893         2,228          7,928           3,676          812        2,135       8,121

Great Lakes          12,010        2,476         8,057         25,557          12,711        2,043        8,211      26,550
Illinois              3,435          853         1,768          7,021           3,715          876        1,812       7,361
Indiana               1,613          474         1,377          3,973           1,708          458        1,384       4,015
Michigan              1,871          561         1,963          4,737           2,175          235        2,055       5,428
Ohio                  3,084          371         1,908          6,036           3,150          259        1,913       5,927
Wisconsin             2,006          217         1,042          3,790           1,963          215        1,047       3,818

Plains                6,761          906         3,732         13,223           7,212         935         3,699      13,708
Iowa                    984          151           489          1,751           1,056         167           505       1,879
Kansas                1,031          189           511          1,876           1,065         176           468       1,849
Minnesota             2,062          207         1,402          4,486           2,292         254         1,379       4,701
Missouri              1,985          246           721          3,463           2,053         208           716       3,487
Nebraska                552           63           327          1,022             586          65           332       1,048
North Dakota            146           51           128            420             160          65           138         547
South Dakota            NA           NA            154            205             NA          NA            161         199




                                                           8
Southeast                            15,836              3,815             15,144       42,264   16,380   3,375   14,490   41,540
Alabama                               1,145                173                585        2,454    1,194     170      581    2,506
Arkansas                                850                140                564        1,635      910     102      541    1,641
Florida                                 NA                 793              4,961        7,163      NA      708    4,634    6,517
Georgia                               2,746                410              1,580        5,237    2,617     300    1,445    4,854
Kentucky                                910                349                829        2,569    1,161     125      821    2,658
Louisiana                             1,110                313                691        2,732    1,085     377      705    2,777
Mississippi                             556                138                900        2,004      915     136      903    2,374
North Carolina                        3,615                475              1,263        6,432    3,646     471    1,220    6,396
South Carolina                        1,084                 91                681        2,003    1,060     115      610    1,946
Tennessee                               NA                 475              1,730        3,404      NA      439    1,704    3,410
Virginia                              3,310                328              1,067        5,488    3,223     336    1,043    5,309
West Virginia                           509                131                292        1,144      569      95      283    1,151

Southwest                              2,026               496              7,588       16,670    1,851    419     7,669   18,491
Arizona                                1,226               354              1,077        2,835    1,053    302     1,027    2,574
New Mexico                               ND                ND                 ND           ND       ND     ND        ND       ND
Oklahoma                                 800               142                487        1,779      798    117       481    1,853
Texas                                    NA                NA               6,024       12,056      NA     NA      6,161   14,065

Rocky Mountain                         3,600               552              1,487        6,442    3,664    567     1,397    6,308
Colorado                               1,765               226                563        2,579    1,822    210       556    2,612
Idaho                                    569                84                337        1,158      575     90       317    1,159
Montana                                  247                67                NA           701      309     76       NA       630
Utah                                   1,019               175                479        1,842      958    191       406    1,714
Wyoming                                  NA                NA                 108          162      NA     NA        117      192

Far West                             22,643              4,043             11,307       43,081   24,030   4,037   10,765   46,331
Alaska                                  NA                  59                NA         1,840      NA       84      NA     4,397
California                           20,293              3,764              7,860       32,757   21,455   3,743    7,404   33,465
Hawaii                                  489                 42                662        1,295      459      42      641    1,232
Nevada                                  NA                 NA                 806        1,029      NA      NA       768      990
Oregon                                1,861                178                NA         2,137    2,116     168      NA     2,378
Washington                              NA                 NA               1,979        4,022      NA      NA     1,952    3,869

^ - Total taxes equal sum of PIT, CIT, sales, and other taxes not shown.
NA - Not applicable.
ND - No data.


Data from Nelson A. Rockefeller Institute of Government Revenue Report Database.




                                                                                    9
                              The Nelson A. Rockefeller Institute of Government
                                          Fiscal Studies Program

                              State Tax Revenue, July-June, 2007 and 2008 ($ in millions)

                                     FY 2007                                                 FY 2008

                  Personal   Corporate         Sales        Total          Personal   Corporate        Sales        Total
                Income Tax Income Tax           Tax        Taxes ^       Income Tax Income Tax          Tax        Taxes ^
United States        260,586     47,674          219,711     632,758          273,335     44,129         221,556     653,006

New England          20,560        3,087          9,787         41,952         22,497       2,873         9,864       43,834
Connecticut           6,159          744          3,483         12,529          6,861         569         3,547       13,168
Maine                 1,354          184          1,021          3,223          1,443         185         1,035        3,302
Massachusetts        11,400        1,588          4,076         19,729         12,496       1,512         4,098       20,903
New Hampshire           NA           341            NA           1,686            NA          382           NA         1,755
Rhode Island          1,066          157            874          2,510          1,074         151           845        2,465
Vermont                 581           73            334          2,275            622          75           338        2,240

Mid-Atlantic         58,949        9,376         27,144      113,535           62,234       9,257        27,937      117,757
Delaware              1,008          140            NA         2,411            1,007         178           NA         2,445
Maryland              6,463          782          3,091       11,151            6,712         735         3,345       11,745
New Jersey/1          6,636        1,575          5,268       15,713            7,043       1,802         5,516       16,541
New York             34,580        4,387         10,194       56,321           36,564       4,124        10,579       58,496
Pennsylvania         10,262        2,492          8,591       27,939           10,908       2,418         8,497       28,530

Great Lakes          36,437        6,896         31,627         87,092         38,595       6,096        32,379       89,902
Illinois             10,424        2,121          7,169         23,134         11,187       2,201         7,247       24,063
Indiana               4,616          987          5,379         12,626          4,838         910         5,534       12,931
Michigan              6,354        1,797          7,858         19,276          7,096       1,411         8,131       20,561
Ohio                  8,885        1,077          7,424         19,469          9,115         753         7,614       19,419
Wisconsin             6,159          915          3,796         12,588          6,360         821         3,853       12,927

Plains               20,797        2,960         13,994         43,730         22,278       2,886        14,115       45,549
Iowa                  3,086          424          1,910          5,785          3,360         484         2,000        6,338
Kansas                2,709          442          2,052          5,675          2,897         432         1,958        5,779
Minnesota             7,250        1,174          4,755         15,480          7,784       1,028         4,764       15,858
Missouri              5,737          554          2,879         11,169          6,119         521         2,890       11,491
Nebraska              1,651          213          1,304          3,408          1,726         233         1,322        3,506
North Dakota            364          152            491          1,379            393         189           536        1,703
South Dakota            NA           NA             603            833            NA          NA            645          874




                                                           10
Southeast                            47,617             10,815             58,547    142,285      49,645    9,497   57,355   141,266
Alabama                               3,452                532              2,284      8,611       3,612      546    2,285     8,858
Arkansas                              2,537                392              2,232      5,476       2,764      355    2,164     5,620
Florida                                 NA               2,444             19,435     26,127         NA     2,217   18,429    23,846
Georgia                               8,821              1,019              5,916     17,640       8,845      943    5,781    17,450
Kentucky                              3,042                988              3,229      9,420       3,483      435    3,284     9,549
Louisiana                             3,159                721              2,789      8,713       3,274      770    2,867     9,002
Mississippi                           1,508                483              3,140      6,609       1,711      506    3,129     6,889
North Carolina                       10,508              1,561              4,996     20,974      10,902    1,199    4,982    21,011
South Carolina                        3,319                296              2,377      6,610       3,325      311    2,241     6,492
Tennessee                               NA               1,120              6,793     11,042         NA     1,006    6,865    11,199
Virginia                              9,857                890              4,195     17,191      10,115      808    4,173    17,246
West Virginia                         1,414                368              1,162      3,872       1,614      400    1,155     4,105

Southwest                              7,186             1,824             30,887        58,787    6,755    1,396   32,277    63,570
Arizona                                3,747               982              4,458         9,678    3,406      785    4,354     9,034
New Mexico/1                             869               315              1,402         3,205      877      273    1,401     3,226
Oklahoma                               2,569               527              1,872         6,197    2,471      338    1,968     6,212
Texas                                    NA                NA              23,156        39,708      NA       NA    24,554    45,098

Rocky Mountain                         9,523             1,276              5,751        18,921    9,959    1,273    5,820    19,386
Colorado                               4,796               479              2,219         7,591    5,067      504    2,312     7,978
Idaho                                  1,407               188              1,268         3,442    1,438      190    1,330     3,591
Montana                                  744               174                NA          1,740      851      160      NA      1,732
Utah                                   2,577               434              1,854         5,503    2,603      418    1,739     5,389
Wyoming                                  NA                NA                 410           645      NA       NA       439       695

Far West                             59,516             11,441             41,975    126,456      61,373   10,852   41,808   131,743
Alaska                                  NA                 200                NA       3,290         NA       184      NA      7,657
California                           52,360             10,753             28,321     94,081      54,859   10,142   27,911    95,549
Hawaii                                1,560                 82              2,556      4,586       1,545       85    2,619     4,642
Nevada                                  NA                 NA               3,213      4,125         NA       NA     3,078     3,960
Oregon                                5,596                406                NA       6,387       4,969      441      NA      5,807
Washington                              NA                 NA               7,886     13,987         NA       NA     8,201    14,128

^ - Total taxes equal sum of PIT, CIT, sales, and other taxes not shown.
NA - Not applicable.
ND - No data.
/1 - Indicates data through March 2008 only.


Data from Nelson A. Rockefeller Institute of Government Revenue Report Database.




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