May 2023 GRF collections 13.6% above monthly estimate

General Revenue Fund collections in May remained substantially flat when compared with the same month last year and totaled $702.7 million, which is $84.0 million, or 13.6%, above the initial monthly estimate. Total GRF collections for the first eleven months of fiscal year 2023 are $8.2 billion, which is $1,246.6 million, or 18.1% above the estimate, and $535.2 million, or 7.0% above prior year collections for the same period.