STRONG FINISH TO FY 2026 ELEVATES GENERAL FUNDS REVENUES ABOVE FORECASTS TO $56.3 BILLION
Eric Noggle, Revenue Manager

It was a strong finish to FY 2026 for General Funds revenues, as June receipts exceeded last June's levels by $432 million. An additional receipting day helped boost collections, particularly among the State's largest revenue sources. As a result, June revenues increased 8.2%, lifting the FY 2026 General Funds total to a record $56.300 billion, an increase of $2.302 billion over FY 2025. The FY 2026 total finished $1.003 billion, or 1.8%, above the revenues assumed in the FY 2026 budget.