ST. PAUL, Minn. (AP) — May was a strong money month for Minnesota’s tax collectors.
The Department of Minnesota Management and Budget said Wednesday that the state took in $53 million more than anticipated in tax collections last month. That’s about 3.7 percent ahead of expectations. All told, there was almost $1.5 billion generated.READ MORE: Richard Skramstad Charged In Western Wisconsin Meth Investigation
The overage puts Minnesota $413 million in front of projections for the fiscal year that ends June 30.READ MORE: Trial Set In December For Kim Potter, Former Officer Charged In Daunte Wright Shooting
The monthly report looks only at revenue and doesn’t factor in state spending patterns. The next full budget forecast won’t be out until after Thanksgiving.MORE NEWS: Wisconsin DOJ Administrator Alleges 'Ongoing' Racial, Sexual Harassment
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