Net general fund revenues totaled $2.748 billion in April, $189 million (6.4 percent) less than projected. Net receipts from sales, corporate, and other taxes for the month exceeded the projection, while net individual income tax revenues were lower than expected.

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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.