January 14, 2022
PUBLIC FINANCE > Budget > FY 2023

FY 2023 Consensus Tax Revenue Agreement

Budget leaders from the House, Senate, and Administration have agreed on $36.9 billion as the consensus tax revenue figure for the fiscal year 2023 budget. Budget makers expect tax revenues to grow by $967 million (2.7 percent) over estimated FY 2022 collections of $35.95 billion. FY 2022 tax revenue figure has also been revised upward by $1.55 billion over the $34.4 billion used in crafting the current year budget.