The Economic and Revenue Forecast Council issued its monthly Economic and Revenue Update this afternoon. Here are the key bullets on revenue from the summary:

• Major General Fund-State revenue collections for the August 11 – September 10, 2015 collection period came in $38.9 million (3.0%) above the June forecast.
• Cumulatively, collections in the four months since the forecast are $163.6 million (2.8%) higher than projected. Adjusted for cumulative large payments and refunds not included in the forecast, collections would have been $155.7 million (2.6%) higher than projected.

This is a solid report, following last month’s spectacular results. Here is a chart snipped from the Update showing monthly seasonally-adjusted Revenue Act collections since 2004.

The Forecast Council is scheduled to issue its quarterly update to the revenue forecast on Monday afternoon.