Minnesota’s net general fund receipts totaled $3.723 billion during the months of November and December 2018, or $102 million (2.7 percent) less than projected in the November 2018 Budget and Economic Forecast. Net receipts for the individual income tax and other taxes were less than forecast, offsetting higher than expected net corporate and sales tax revenues for the quarter.

View complete January 2019 Revenue and Economic Update, including tabular data