Tue. Mar 19th, 2024
State Budget Director Dan Haug announced that 2023 fiscal year-to-date net general revenue collections have gone up by 38.3 percent compared to July, of last year.
On Tuesday, he stated that collections have increased from 701.3 million dollars to 970 million dollars.
Individual income tax collections have increased 42.3 percent over last year.
Sales and use tax collections have gone up by 16.9 percent for the year.
Corporate Income and corporate franchise tax collections have increased 12.1 percent for the year.
***More info:
State Budget Director Dan Haug announced today that 2023 fiscal year-to-date net general revenue collections increased 38.3 percent compared to July 2021, from $701.3 million last year to $970.3 million this year.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
Sales and use tax collections
Corporate income and corporate franchise tax collections
All other collections
Refunds
The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors.