California’s June revenues came in 5.6%, or $622 million, above the forecast in the enacted budget, according to the Department of Finance.

The state’s general fund cash is now $540 million above the budget’s year-to-date estimate of $83.6 billion, the report released Wednesday said.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.