Revenue Numbers for July Released

Missouri general revenue numbers are down this July over last July.  July 2010 begins fiscal year twenty eleven. 

For the first month of the new fiscal year, revenues were down 4.2 percent compared to July 2009, from four hundred sixty nine point one million to four hundred forty nine point three million.  Individual income tax collections were down point six percent from July of 2009 with sales and use tax collections down 9.7 percent.  Corporate income and franchise tax collections in July were up from July of 2009 by 14.7 percent, all other collections were up 41.8 percent from 24.7 million last July to 35 million this July.  Refunds also increased 38.5 percent from July of last year.