Minnesota’s net general fund receipts for February and March 2024 are estimated to total $3.9 billion, $241 million (6.5%) more than forecast in February. Revenues from all three major tax categories exceeded 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.