Net general fund revenues totaled $2.1 billion in May, $23 million (1.1%) more than forecast. Net receipts from individual income and corporate franchise taxes were higher than forecast while net sales tax and other revenues were lower. Fiscal Year 2025 year-to-date receipts total $28.5 billion, $658 million (2.4 %) above 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.