Revenue Estimates

General Fund revenues are expected to be $103.027 billion in 2007-08 and $101.991 billion in 2008-09. This represents an increase of $1.837 billion in 2007-08 and a decrease of $996 million in 2008-09, compared to the May Revision. In addition to the tax provisions discussed below, 2007-08 includes $120 million due to higher-than-projected year-end collections.

Figure REV-01 displays the forecast changes between May Revision and Budget Act.
CHAPTER HIGHLIGHTS for Revenue Estimates Back to Top

 Tax Law Changes
PRINTABLE BUDGET DOCUMENTS Back to Top
Enacted Budget Summary - Revenue Estimates (pdf * - 205K) -
Provides the entire Revenue Estimates Chapter in pdf format.