Net general fund revenues totaled nearly $2 billion in July, $9 million (0.5%) more than forecast. Net individual, corporate income, and other tax receipts were all higher than forecast, while net sales tax receipts were lower.

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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.