Minnesota's general fund grew by $106 million more than originally forecast, according to new figures from the state.
Tuesday afternoon, Minnesota Management and Budget reported higher-than-expected revenue from income and sales taxes in the first quarter of 2012. Net general fund revenues for February and March totaled $2.496 billion – about 4.4 percent more than the state had projected in February.
So far this year, individual income tax revenue was $60 million higher than expected, while sales tax receipts brought in $27 million more than projected. In all, the state brought in $11.8 billion for the first three months of 2012.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Star Tribune
Election
In heated western Minn. GOP congressional primary, outsiders challenging incumbent
U.S. Rep. Michelle Fischbach has a solidly conservative voting record. But Steve Boyd, a Christian conservative who has never held public office, is gaining traction as an outsider.
Sports
Minnesota Sports Hall of Fame: A class-by-class list of all members
Who's in the Star Tribune Minnesota Sports Hall of Fame? From Bernie Bierman to the latest class, here's the list:
Sports
This retired journalist changed professional wrestling from Mankato
Norm Kietzer was a pioneer in professional wrestling journalism for 40 years.
High Schools
All-Metro Sports Awards: Here are the 2023 winners
The Star Tribune recognized the best of metro area high school athletes with its sixth annual All-Metro Sports Awards. Here are the 2023 winners, who were honored Wednesday night at Target Center.