Thursday, March 8, 2012
© Copyright 2013
Gwinnett Daily Post
ATLANTA -- Gov. Nathan Deal reports that the state's overall tax collections are on the rise for the second month in a row.
The figures released Thursday show net tax collections for the month of February totaled $765 million, an increase of $50 million or 7 percent compared to February 2011. Through eight months of fiscal year 2012, net revenue collections totaled $10.6 billion, an increase of $471 million or 4.7 percent compared to year-to-date February fiscal year 2011.
Georgia's sales tax collections totaled $412 million, up from $375 million in January 2011, an increase of $38 million or 10 percent. Income tax collections totaled more than $236 million, up from $185 million last February, for an increase of $51 million or 28 percent.
More like this story
- Georgia tax revenues show another monthly increase ( December 9, 2011 )
- Deal: Tax collections on the rise ( March 7, 2013 )
- Ga. tax revenues up 11 percent over April 2011 ( May 9, 2012 )
- Ga. revenue collections up 2 percent in May ( June 7, 2012 )
- State tax collections drop amid tax cut talks ( April 4, 2008 )
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