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February 2018 Monthly Revenue Review

3/12/2018 10:58:04 AM

Net general fund revenues totaled $1.029 billion in February, $32 million (3.2 percent) more than forecast. Net receipts from individual income, sales, and corporate taxes for the month exceeded the forecast, while other revenues were lower than expected. For fiscal year 2018, year to date receipts are now $13.785 billion. Because forecast receipts are now updated to reflect the February 2018 Budget and Economic Forecast, the fiscal year-to-date variance is the same as the monthly variance, $32 million above the forecast.

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