Minnesota’s net general fund receipts for February and March 2021 are now estimated to total $3.335 billion, $565 million (20.4 percent) more than forecast in the February 2021 Budget and Economic Forecast.

• View the full memo, including tabular data
• Visit the Economic Forecast Monthly and Quarterly Updates landing page

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.