Reuters logo
California's January revenue $5.1 billion over forecast
February 14, 2013 / 10:56 PM / 5 years ago

California's January revenue $5.1 billion over forecast

SAN FRANCISCO, Feb 14 (Reuters) - California’s revenue in January came in $5.099 billion over forecast in Governor Jerry Brown’s state budget plan, propelled by a surge in revenue from personal income tax collections following voter-approved income tax increases in November, the state’s finance department said on Thursday.

Personal income tax revenue was $4.951 billion above projection, while the state’s fiscal-year-to-date revenue is $5.112 billion above expectation, the department said in a report.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below