Net general fund revenues totaled $1.994 billion in October 2021, $87 million (4.5 percent) more than forecast in February. Net receipts from sales and corporate taxes were greater than forecast, more than offsetting lower than expected net individual income and other tax receipts. For fiscal year 2022, year to date receipts are now $7.968 billion, $744 million (10.3 percent) more than forecast.

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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.