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July Revenue and Economic Update

7/10/2020 3:05:08 PM

Minnesota net general fund receipts for FY20 are estimated to total $21.798B, $168M (0.8%) more than May’s Interim Budget Projection. Net tax receipts exceeded the projection for income, corporate, and sales taxes, more than offsetting other taxes that were lower than projected.

View complete July 2020 Revenue and Economic Update, including tabular data

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