November revenues surge after October slump

CA received nearly $9.7 billion in revenue in November– drastically exceeding projections and making up for an unexpected dip in October collections, according to the state controller’s office. For the fiscal year overall, the state has collected nearly $45 billion–close to $2.3 billion more than projections. Thus far, total revenues collected between June and November of this year are close to 10 percent, or $4 billion, higher than at this same time last year.

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