California: February Receipts Beat January Forecast by $3.8 Billion

Sacramento, CA (STL.News) Governor Gavin Newsom today announced that General Fund revenues are running $14.3 billion above January’s revenue forecast, with receipts for February exceeding the month’s projections by $3.8 billion. Nearly 60 percent of February’s gain can be attributed to timing: lower refunds caused by later enactment of the $600 one-time Golden State Stimulus than expected in […]

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