Net general fund revenues totaled $3.1 billion in January, $313 million more than forecast. Net receipts from all major tax types were above the forecast. For fiscal year 2024, year-to-date receipts are now $17.1 billion, $384 million (2.3%) 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.