Net general fund revenues totaled $1.790 billion in August, $124 million (7.5 percent) more than forecast in February. Net individual income, sales, and corporate tax revenues exceeded the forecast, and other tax revenues were lower than expected. For fiscal year 2022, year to date receipts are now $3.097 billion, $192 million (6.6 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.