October 2023 net general fund revenues totaled $2.4 billion, $133 million (5.9%) above forecast. Net receipts from individual income, sales, and other taxes exceeded forecast, more than offsetting lower net corporate tax receipts. FY24 receipts so far are $8.8 billion, 6.5 percent above 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.