As of Monday, February 11, 2013
© Copyright 2013
Gwinnett Daily Post
ATLANTA — Tax collection growth in Georgia grew by more than 10 percent last month, potentially improving the state's budget situation.
Gov. Nathan Deal's administration said Monday that tax and other collections stood at roughly $1.7 billion in January, up roughly 10.4 percent compared to same period last year.
State lawmakers crafting Georgia's state budget have said they hoped for several months of growth to meet estimates.
Personal income tax collections increased 16.3 percent to just over $1 billion. Growth in sales and use taxes was relatively flat.
More like this story
- Ga. revenue collections up 2 percent in May ( June 7, 2012 )
- Ga. revenues continue to plunge ( March 8, 2010 )
- Deal: Agenda trimmed back because of budget ( January 22, 2013 )
- Ga. tax revenues up 11 percent over April 2011 ( May 9, 2012 )
- Budget, jobs, politics on tap for 2012 Legislature ( December 31, 2011 )
Comments
kevin 3 months, 1 week ago
This is not a reason to lower the standards for receiving the Hope scholarship. How much longer are politicians going to cheapen our educational system?
Why_not 3 months, 1 week ago
Kevin, tax receipts do not have anything to do with the HOPE or the lottery.
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