Minnesota’s net general fund revenues totaled $1.9 billion in August 2022, $69 million more than forecast. Only sales tax revenues were slightly below forecast. Year-to-date receipts are now $3.7 billion, 3.7 percent over forecast.

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• Visit the Economic Forecast Monthly and Quarterly Updates landing page

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.