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CA Controller Reports State Revenues Outpacing Budget Forecasts

CA Controller Reports State Revenues Outpacing Budget Forecasts

SACRAMENTO—California’s total revenues of $8.02 billion for March were higher than estimates in the governor’s 2018-19 proposed budget by 6.0 percent, and above 2017-18 Budget Act projections by 10.8 percent, State Controller Betty T. Yee reported today. For the fiscal year overall, the “big three” sources of General Fund revenue–personal income tax (PIT), retail sales […]