Net general fund revenues totaled $1.1 billion in August, $61 million (5.8%) more than forecast in February. Net individual income, corporate, and other tax revenues exceeded -- and net sales tax revenues nearly matched -- the forecast. FY2024 year-to-date receipts are nearly $3 billion, $106 million (3.7%) more than forecast.

• View the full memo, including tabular data
• 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.