Minnesota collected more taxes than projected in the last two months of 2015.
Minnesota Management and Budget reported Monday that general fund receipts in November and December totaled $3.7 billion -- a total of $43 million, or 1.2 percent, more than projected in the November economic forecast.
The agency said better-than-anticipated net receipts from the individual income tax, corporate tax and other revenues were what brought the state into the black. That made up for lower than expected net sales tax receipts.
The surplus collections were generated in December, making up for lower-than-predicted tax receipts in November.
