Net general fund revenues totaled $1.661 billion in August, $87 million (5.5 percent) more than forecast in the February 2019 Budget and Economic Forecast, adjusted for law changes. Net individual income and sales tax revenues exceeded the forecast, and net corporate and other tax revenues were lower than expected. For fiscal year 2020, year to date receipts are now $2.774 billion, $83 million (3.1 percent) more than forecast.

View the full memo, including tabular data.

Visit the Economic Forecast and Updates landing page.