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.

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