The state reports that gross tax collections in September were $664.5 million, 4.7 percent more than last year and 4 percent above the forecast on which the state budget is set.

Through the first quarter, the net available for general state spending after mandatory set-asides was 2.6 percent above forecast, producing a surplus for the quarter of $38.9 million.

Income taxes accounted for the biggest part of increasing revenue. Sales taxes, a good measure of the economic atmosphere, were up only .5 percent above last year and fell below the forecast by 1.9 percent.

It’s a small percentage of overall revenue, but the impact of the big tax cut given existing casinos in the casino expansion amendment was starkly illustrated in September.

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Total gambling revenue (not including racing) was $11 million, a drop of $5.7 million, or more than 34 percent, from the same month last year. The income did beat the state estimate on the new tax rate by $600,000.

Here’s the full report.