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Capitol Report

State Revenues Up, but Budget Office Eyes Rising Costs

The Legal Intelligencer

January 8, 2013

The state Department of Revenue reported that collection receipts for the month of December were again higher than anticipated. The state collected $2.4 billion in General Fund revenues in December, which was $112.4 million, or 4.8 percent, more than anticipated. Fiscal year-to-date General Fund collections total $12.2 billion, which is $171.5 million, or 1.4 percent, above estimate.

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