Minnesota's quarterly revenues were down by a just over one percent compared to what forecasted.
The state took in about $4.3 billion from July to September, $46 million less than what was expected in the February projection.
The state took in more corporate taxes during the period than it had expected but less in so called "other revenues."
In the 2014 fiscal year, which ended on June 30, revenues were actually $186 million more than expected.
Read the full economic update below:
