October 4, 2018 1:06 PM
September 2018 Tax Revenues Up 7.4 Percent in Georgia
An announcement made today by Gov. Nathan Deal stated that Georgia’s net tax collections for September, 2018 totaled approximately $2.23 billion, an increase of about $153.1 million (7.4%) from September, 2017. Net tax revenues for the fiscal year have totaled $5.81 billion, an increase of $329.9 million (6%) from this point last year.
The following is a breakdown of the September, 2018 revenues in comparison to September, 2017:
| Description | Amount Collected | Change From Sep. 2017 | % Change |
| Individual income taxes | $1.16 billion | $105.6 million | 10.0% |
| Gross Sales & Use Tax | $1.01 billion | $68.6 million | 7.3% |
| Net Sales & Use Tax | $514.1 million | $33.6 million | 7.0% |
| Corporate income taxes | $208.6 million | $9.0 million | 4.5% |
| Motor Fuel Taxes | $164.8 million | $6.9 million | 4.4% |
| Tag and Title Fees | $29.8 million | $0.5 million | 1.8% |
| Title Ad Valorem Tax | $80.4 million | -$2.8 million | -3.4% |
A copy of the September, 2018 financial report can be seen at the Governor’s website.
About Author
lawtonsack
Lawton is a graduate of Georgia Southern University (the GSU) with a degree in Information Technology. He has held numerous positions within the Georgia Republican Party throughout the years.