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Read the latest press releases published by Minnesota Management and Budget.

February Monthly Revenue Review

3/10/2021 12:05:00 PM

Net general fund revenues totaled $1.315 billion for the month of February, $55 million (4.4 percent) more than forecast. Net receipts from individual income taxes for the month were lower than forecast, and corporate, sales and other tax revenues were above the forecast. For fiscal year 2021, year to date receipts are now $15.041 billion.

Note: All results are preliminary and subject to revision. Monthly revenue variances should be interpreted with great caution. Wide swings in variances may be caused by variations in the rate at which receipts are received and processed and differences in the rate at which refunds are issued.

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