Net general fund revenues totaled $2.2 billion in November, $10 million (0.5 percent) more than forecast. Net income and corporate tax receipts were higher than expected, and net sales and other tax revenues were lower than forecast. For fiscal year 2024, year-to-date, receipts are now $10.9 billion. The fiscal year-to-date variance is the same dollar amount as the monthly variance, $10 million above the forecast, which is 0.1 percent of fiscal year-to-date forecast revenues.

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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.