Relative to the June 2020 estimates, the state had $36.4 billion more in revenue than forecast, of which $29.6 billion came from the personal income tax.
Relative to the updated January 2021 estimates, the state had $12.2 billion more in revenue than forecast, of which $8.4 billion came from the personal income tax.
The state's cash cushion was also above forecast levels. Unused borrowable resources stood at $49.1 billion at the end of April whereas the original June 2020 forecast was $31.3 billion and the updated January 2021 forecast was $45.8 billion.
Details are at https://sco.ca.gov/Files-ARD/CASH/APR2021StatementofGeneralFundCashReceiptsandDisbursements.pdf.
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