general revenue

The Legislature’s Office of Economic & Demographic Research estimates the state collected $447.2 million more in November than the projection issued in August.

Inflation gets the credit as Florida’s general revenue substantially topped expectations in June and in the recently completed fiscal year.

State economists released a report Tuesday that said general revenue for September was $230.2 million above a revised estimate issued in August.

State general revenues came in just above a forecast amount in July, but the coronavirus pandemic continued to hammer sales-tax collections.

Last week, a Florida Senate committee heard that a potential surplus of more than $220-million had likely disappeared for next year’s state budget because…

UPDATE: As Florida slowly recovers from the recession, state economists released their official forecast on Thursday for the amount of tax revenue…