State revenue outpaced projections last two months
April 10, 2013 — 6:51pm
State revenue outpaced projections for February and March, resulting in $145 million more money than expected.
Residents paid $1.2 billion in income tax, about $57 million more than projected. Sales tax revenue was up as well, coming in at $706 million, $22 million more than expected. The highly volatile corporate income taxes was up, too, Corporations paid 18 percent more than estimated, totaling $307 million.
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