Minn. Tax Collections Continue To Outpace Forecast
Minnesota took in about $25 million more in tax revenue in May than was initially expected, as revenue collections for the year continue to perform above projections. The Department of Minnesota Management and Budget says Monday that general fund revenues of $1.4 billion in May were 1.9 percent above the agency's February forecast. In the year to date, the state has collected $324 million more than predicted in that forecast.
