Every little bit helps.

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

• Major General Fund-State revenue collections for the November 11 – December 10, 2013 collection period were $4.0 million (0.2%) higher than the November forecast.

• Revenue Act collections were $8.5 million (0.9%) higher than forecasted and non-Revenue Act collections were $4.5 million (0.5%) lower than forecasted. 

Of the $4.5 million shortfall in non-Revenue Act collections,$1.9 million was in cigarette taxes and largely represented 30-day deferrals of payment for cigarette stamps.  These funds should be made up in the next month’s collections.

Here’s a link to the update.