General fund revenue for July, the first month of fiscal year 2016, came in at a little more than $1 billion, or 30 million above forecast, Minnesota Management and Budget reported today

That's 3 percent more than was forecast. 

Individual income tax receipts were $16 million above forecast, while sales taxes were $14 million above.

The Legislature and Gov. Mark Dayton agreed on a budget deal that left hundreds of millions of dollars on the state's bottom line for next year's Legislative session, during which tax cuts and transportation are expected to be the big issues. 

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