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Friday May 27th, 2016 8:10PM

Governor Deal: March revenues up 12.3 percent

By Staff
ATLANTA - Governor Nathan Deal announced today that Georgia's net tax collections for the month of March totaled $1.32 billion for an increase of nearly $144.5 million, or 12.3 percent, compared to the month-ended March 2013. Year-to-date, net tax revenue collections totaled $13.05 billion for an increase of nearly $705 million, or 5.7 percent, compared to the same point last year.

Changes within the following major tax categories explain the net tax revenue increase in March:

Individual Income Tax: Individual Income Tax collections in March totaled $477.5 million, up from roughly $422.75 million in March 2013, for an increase of $54.75 million or 13 percent.

The following notable components within Individual Income Tax combine to make up the net increase:
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