Net general fund revenues totaled $4.3 billion in April, $230 million (5.7%) above forecast. Net individual income tax, general sales tax and other revenues were higher than forecast; net corporate franchise tax revenues were lower. Fiscal Year-to-date receipts are now $27.5 billion, $48 million (0.2%) above 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.