Net general fund revenues totaled $3.7 billion in April, $16 million (0.5%) above forecast. Net receipts from individual income and sales taxes for the month were less than forecast, while net corporate and other tax revenues were higher than expected. For fiscal year 2024, year-to-date receipts are now $24.7 billion, $258 million (1.1%) 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.