An announcement made today by Gov. Nathan Deal stated that Georgia’s net tax collections for August, 2018 totaled approximately $1.8 billion, an increase of about $117.4 million (7%) from August, 2017. Net tax revenues for the fiscal year have totaled $3.58 billion, an increase of $176.8 million (5.2%) from this point last year.
The following is a breakdown of the August, 2018 revenues in comparison to August, 2017:
| Description | Amount Collected | Change From Aug. 2017 | % Change |
| Individual income taxes | $939.4 million | $77 million | 8.9% |
| Gross Sales & Use Tax | $1.02 billion | $76.8 million | 8.2% |
| Net Sales & Use Tax | $518.2 million | $54.3 million | 11.7% |
| Corporate income taxes | $18 million | $3.5 million | 23.8% |
| Motor Fuel Taxes | $153.7 million | -$0.2 million | -0.1% |
| Tag and Title Fees | $36.54 million | $4 million | 12.2% |
| Title Ad Valorem Tax | $72.5 million | -$14.0 million | -16.6% |
A copy of the August, 2018 financial report can be seen at the Governor’s website.