Revenues for the 2005 fiscal year, that ended at midnight, are up over those collected during the 2004 fiscal year. Commissioner of Administration Mike Keathley puts the increase in revenues at 4.9 percent. That excludes the $95.1-Million one-time payment from the U.S. Treasury. Net collections increased by by 5.8-percent for the year, from $6.35-Billion to $6.71-Billion. The revenue increase is based largely on individual income tax receipts, but sales tax continues to remain relatively flat, making it difficult to predict revenues for the coming year.
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