"This trend of revenue growth for the ninth consecutive quarter alongside several other solid economic indicators proves we are moving in the right direction," said Deal. "Because there is still a lot of room for improvement, we will maintain a cautiously optimistic economic outlook for the state over the next several months."
The following changes within the various tax categories led to the overall net revenue increases in September:
Individual Income Tax: Individual Income Tax collections for September totaled $827 million - up from $812 million in September 2011-for an increase of $15 million, or 1.9 percent.
The following notable components within Individual Income Tax account for the increase:
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