Net general fund revenues totaled $2.2 billion in October 2022, 6% more than forecast. Individual income and general sales taxes exceeded forecast, with the corporate franchise tax falling short. FY2023 receipts are now $9.3 billion, $415 million 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.