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COLUMBIA, SC - At today's meeting, the South Carolina Board of Economic Advisors (BEA) increased the revenue estimates for this fiscal year, FY 2021-22 (FY22), and next fiscal year, FY 2022-23 (FY23), in anticipation of higher revenue collections than previously forecasted, resulting in an unprecedented additional $4.628 billion in forecasted recurring and nonrecurring revenues this budget cycle.