In May, the HFA, Senate Fiscal Agency and Department of Treasury agreed revenue in 2022-23, compared to 2021-22, would decrease by 4.7 percent, or about $1.5 billion. In its October revenue report, which completes cash collections for the fiscal year, the HFA said revenue decreased 4.9 percent, about $1.7 billion. Overall for the fiscal year, cash collections in the General Fund were about $61.5 million below the projected amount. The School Aid Fund was about $25.4 million below the consensus.