Recent Revenues Coming in Below Governor's Budget Projections

Administration Projects Personal Income Tax (PIT) Revenue to Increase 12 Percent in Current Year. The 2024-25 Governor's budget projects that PIT revenue will grow 12 percent this year, from $101.7 billion in 2022-23 to $113.8 billion in 2023-24.

Subscribe to CQEL

Don’t miss out on the latest issues. Sign up now to get access to the library of members-only issues.