ST. PAUL, Minn. – State tax collections in August exceeded expectations by 5.8%, the state Budget office reported. General revenue totaled $1.1 billion. The breakdown:
Individual income tax: $117 million, ahead $23 million.
Sales tax: $662 million, behind $1 million.
Corporate tax: $64 million, ahead 9 million.
Other revevue: $266 million, ahead $29 million.
Since the beginning of the fiscal year July 1, revenues totaled has totaled almost $3 billion, 3.7% more than predicted.