State general revenue collections came in slightly above projections in January, despite sales taxes failing to meet expectations for the first time since July 2020.

The Legislature’s Office of Economic & Demographic Research on Tuesday released a report that showed net general revenue in January totaled $4.106 billion, which was $30.1 million more than projected in a forecast released in mid-January.

General revenue taxes are closely watched because they play a key role in funding education, health-care and prison programs.

The January revenues got a boost from earnings on state investments, which came in at $117.5 million, $61.8 million more than anticipated.

Also, the state collected $269.8 million in corporate income taxes, $57.4 million higher than projected.

In addition, insurance taxes topped expectations by $23.1 million, and beverage taxes were $20.2 million more than projected.

Sales taxes, however, are the largest source of general revenue.

Sales taxes totaled $3.396 billion in January, $108.6 million short of the projection.

Economists update general-revenue forecasts periodically during the year and track collections monthly.