April 30, 2007

Final April revenues

The final day of April brought in just under $1 billion in personal income taxes, bringing the total for the month to about $10.1 billion, after refunds. The Department of Finance had projected PIT revenues, not including withholding from wages, of about $8.7 billion. The $1.4 billion in unanticipated revenues will be enough to erase the shortfall for the year to date, leaving the governor and the Legislature with pretty much what was projected in the governor's budget in January.

Posted by dweintraub on April 30, 2007 1:33 PM