Net general fund receipts for November and December 2024 total an estimated $5.6 billion, $380 million (7.2%) more than forecast in November. Net individual and corporate income tax receipts were above the forecast as were net receipts from sales and use taxes. Other revenues were slightly less 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.