As it turned out, a lot less came in than had been projected. Receipts are listed as $98.5 billion, well below the forecast level of $126.6 billion. The gap between actual and forecast was centered in personal income tax receipts (loss of capital gains revenue) and the corporate tax.
Still, the state had on hand $88.5 billion in unused borrowable resources, a little below the forecast level of $91.8 bullion, but still a lot. So despite the state's current budget pressures, there won't be a need to run to Wall Street to handle the current problem - unlike what has occurred in earlier budget downturns.
The controller's data are at https://sco.ca.gov/Files-ARD/CASH/December2023StatementofGeneralFundCashReceiptsandDisbursements.pdf.
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