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flag Nebraska exceeded tax forecasts by $12 million in August, driven by higher income and sales taxes, narrowing its budget deficit.

flag Nebraska's general fund tax receipts exceeded projections by 2% in August, adding $12 million to state revenues—the second consecutive month of overperformance. flag Higher individual income and sales taxes drove the gain, while corporate income taxes lagged 31.2% below forecast. flag This improvement helps reduce the state’s projected $95 million budget deficit, though the long-term sustainability of the trend remains uncertain.

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