The Board of Equalization, chaired by Governor J. Kevin Stitt, on Wednesday certified $8,249,071,274 in revenues for FY 2020 appropriations, which is $574.5 million, or 7.5 percent, more than was appropriated for FY 2019.This amount is $37.8 million, or 0.5 percent, less than the December estimate.
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Feb. 12, 2019
Year-to-date collections continue to beat estimate
General Revenue Fund collections in January were $714.5 million and came in at $58.1 million, or 8.8 percent, above the monthly estimate. This amount is $118.5 million, or 19.9 percent, above collections in January of 2018. Total collections over the first seven months of the fiscal year are $203.7 million, or 5.7 percent, above the estimate to date and $540.6 million, or 16.6 percent, above prior year collections.
Jan. 15, 2019
GRF collections up over first half of fiscal year
Dec. 11, 2018
Lagging oil prices not expected to hit GRF until January