Net general fund revenues totaled $1.960 billion in October 2020, $212 million (12.2 percent) more than projected in May. Receipts from the net individual income, sales, and corporate taxes were greater than projected, more than offsetting lower than expected net other tax receipts. For fiscal year 2021, year to date receipts are now $7.231 billion, $805 million (12.5 percent) more than projected.

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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.