Most Major General Fund Taxes Above Projections through October

Wage & Earnings and Sales Tax Coming in Better than Projected

General Fund tax collections through October totaled $746.9 million, an increase of 4.6 percent from the same period in FY16. The current estimate for FY17 General Fund tax revenue is $3.089 billion, 4.7 percent above the FY16 estimate; thus, current collections are slightly below this projection, but are on track to meet the anticipated growth rate.

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