Net general fund revenues totaled $1.4 billion in February, $16 million (1.1%) below forecast. Net receipts from individual income, corporate franchise, and general sales taxes were below forecast, while other revenues were above. Fiscal year 2026 receipts now total $20.8 billion.

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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.