State releases May 2023 revenue report

State Budget Director Dan Haug announced that net general revenue collections for May 2023 declined (10.5) percent compared to those for May 2022, from $1.78 billion last year to $1.59 billion this year. Net general revenue collections for 2023 fiscal year-to-date increased 5.3 percent compared to May 2022, from $11.41 billion last year to $12.01 billion this year.