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Capitol Alert
The latest on California politics and government
April 15, 2014

State tax revenue continued to outpace budget estimates last month, with year-to-date revenue now $1.4 billion more than the Brown administration projected, the state Department of Finance reported Tuesday.

The report is the last benchmark ahead of April, a heavy month for income tax revenue. Last month, personal income tax revenues to the general fund came in $274 million above estimates, while corporate tax revenues exceeded estimates by $110 million, according to the Department of Finance.

Sales and use tax receipts were $12 million below the forecast for the month of $1.6 billion.

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