Minnesota collects 9% more than expected in January
ST. PAUL, Minn. (AP) -- State tax collectors did better than expected last month as individual taxpayers withheld and paid more income taxes.
Minnesota Management and Budget said today that the state collected $137.4 million more than anticipated in January. That's 9.3 percent higher than forecast.
The extra cash puts the state $165.5 million ahead of projected revenues seven months into the current fiscal year.
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