Net general fund revenues totaled $2.403 billion in January, $296 million (14.1 percent) more than forecast. Net receipts from the individual income, sales, and corporate taxes were above the forecast, while net other tax receipts matched the forecast. For fiscal year 2021, year to date receipts are now $13.727 billion, $459 million (3.5 percent) more than 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.