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Read the latest press releases published by Minnesota Management and Budget.

February Monthly Revenue Review

3/10/2025 3:37:41 PM

Net general fund revenues totaled $1.3 billion for the month of February, $116 million (10.0%) above forecast. Net receipts from individual income, corporate franchise, and other taxes were above forecast, and net sales tax revenues were below. For fiscal year 2025, year-to-date receipts are now $20.1 billion.

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.

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