Even with turbulence in the stock market and unsettling international trade relations, CA state coffers will likely end the 2018-19 fiscal year well ahead of predictions made just a few weeks ago.
Led by personal income tax collections, state revenues closed out the first 11 months of the year at nearly $125 billion—or $620 million more than had been forecast as part of the revised May budget, according to new figures from the governor’s Department of Finance.
