clear
Sunday September 25th, 2016 3:10AM

Georgia revenues in May total $1.39 billion

By The Associated Press
ATLANTA - A report shows Georgia's revenues totaled nearly $1.39 billion in May, an increase of 3.1 percent over the same month a year ago. <br /> <br /> The office of Gov. Nathan Deal said Monday that individual income tax collections were up while corporate tax collections decreased. <br /> <br /> Meanwhile, year-to-date collections total $16.1 billion. That's an increase of 4.5 percent compared to the same point a year ago and keeps the state on track to meet projections for the fiscal year ending June 30. <br /> <br /> Deal's office says tax reforms including the elimination of the auto sales tax and a reduction in the sales tax on energy in manufacturing have significantly affected Georgia's tax structure.
© Copyright 2016 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.