February 2023 net general fund revenues totaled $1.3 billion, $99 million (7.2%) less than forecast. Net receipts from corporate, sales, and other taxes were lower than forecast, and net income tax revenues higher.

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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.