Georgia reports 5.9 percent increase in April net tax collections

Brian Kemp, Governor of Georgia
Brian Kemp, Governor of Georgia
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The State of Georgia reported on May 7 that net tax collections for April reached nearly $3.95 billion, an increase of $220.2 million or 5.9 percent compared to the same month in the previous fiscal year, when collections totaled $3.73 billion.

This rise in revenue is significant as it reflects ongoing economic activity and changes to state tax policy affecting various sectors. Year-to-date, Georgia’s net tax revenue stands at $28.45 billion, up by $683.7 million or 2.5 percent from last year’s total through ten months.

Officials said monthly comparisons were influenced by the suspension of motor fuel taxes starting March 20, following Governor Kemp’s signing of House Bill 1199, which paused collection for a period of sixty days. Adjusted for this change, revenues for April were up by 8.3 percent over the prior year while year-to-date growth remained at 2.5 percent.

Individual income tax collections increased to approximately $2.10 billion—up by $192.3 million or 10.1 percent—with notable increases in return payments and withholding payments but higher refunds issued as well as slight decreases in other categories such as estimated payments.

Gross sales and use tax collections rose to $1.78 billion during April, marking an increase of $132 million or eight percent compared to a year earlier; net sales and use tax grew by nearly $71 million or about eight and a half percent over last year’s figure.

Corporate income taxes totaled $556 million for the month—a gain of roughly $15.9 million (2.9%)—with increases in return payments offsetting higher refunds and lower estimated payments than last year.

Motor fuel taxes dropped sharply by more than one-third due to the temporary suspension enacted under HB1199; meanwhile, motor vehicle tag and title fees rose modestly while title ad valorem taxes declined slightly from prior-year levels.

According to the official website, the Georgia State Executive leads state government operations from Atlanta’s Governor’s Mansion—a Greek Revival-style residence built on eighteen acres—and its authority extends across all counties and municipalities within Georgia.



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