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Ga. tax revenues up 3.5-percent, Deal says

Posted 11:19AM on Monday 6th August 2018 ( 6 years ago )

Georgia's net tax collections rose for the first month of Fiscal Year 2019, said Gov. Nathan Deal in an announcement Monday morning.

For July, tax collections totaled nearly $1.78 billion, up 3.5-percent from July 2017, while gross tax revenues rose 6-percent to $2.41 billion, according to numbers released by Deal's office.

Individual income tax collections also rose for the month, up 4.1-percent to $897.1 million, although individual income tax refunds sharply rose, up 34.4-percent to $29.6 million.

It also appears that more Georgians are spending the money they're earning, as sales and use tax collections increased $66.2 million, or just short of 7-percent.

Gov. Nathan Deal (file photo)

http://accesswdun.com/article/2018/8/699718/ga-tax-revenues-up-35-percent-deal-says

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