Legislative Advocacy

Legislative Advocacy


Revenue Collections More Than $100M Below October Projections: Lower than expected combined General Fund and School Aid Fund collections for October dropped School Aid Fund collections to below fiscal year-to-date projections based on the May consensus estimate. The Senate Fiscal Agency reported combined collections between the two funds were $3.1 billion during October. This was up 1.3 percent over the same period the previous year but $113.7 million below projections. For the month of October, General Fund collections were $42.7 million below the monthly projection and School Aid Fund collections were $67.8 million below what was expected. October's below projection numbers put overall General Fund collections for fiscal year to date at $133.7 million above what was expected while the School Aid Fund dropped to $46 million below year to date expectations.



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