State revenues continue to improve after review of the fiscal year-to-date 2011 gross receipts on an adjusted basis at $83.3 million higher than the year before.

Today’s report, released by the Department of Management, shows that revenues continue to perform higher than expected from the Revenue Estimating Committee’s projections, in which that group had forecast a 3.3 growth rate. Instead, gross receipts are coming 4.1 percent above last year’s figures after adjusting for the accounting treatment of gambling receipts for an accurate year-to-year comparison.