Financial Comparative Summary - April 2026

State General Fund Receipts 

(unaudited - numbers in thousands)

Monthly State Net Tax Revenues:Month Ended April 2026 Month Ended April 2025 Change in Dollars Percentage Change
Individual Income Tax$2,103,649  $1,911,360  $192,289 10.1%
Corporate Income Tax$556,030 $540,177 $15,854 2.9%
Gross Sales and Use Tax$1,781,449 $1,649,438 $132,012 8.0%
Local Distribution of Sales Tax($859,567)($798,821)($60,747)-7.6%
Adjustments \ Refunds($11,566)($11,278)($288)-2.6%
Net Sales and Use Taxes$910,315 $839,339 $70,977 8.5%
Motor Fuel Taxes$128,714 $202,034 ($73,320)-36.3%
Tobacco Taxes$15,913 $20,730 ($4,817)-23.2%
Alcoholic Beverages Tax$18,242 $17,579 $663 3.8%
Property Tax $2 $2 ($0)NM 
Motor Vehicle - Highway Impact Fees$4,554 $3,628 $926 25.5%
Motor Vehicle - Tag, Title and Fees $43,268 $40,471 $2,797 6.9%
Motor Vehicle - Title Ad Valorem Tax $75,248 $76,506 ($1,258)-1.6%
Motor Vehicle - Taxes and Fees Total$123,070 $120,605 $2,465 2.0%
Subtotal of State Taxes and Fees$3,855,936  $3,651,826  $204,110 5.6%
State Hotel \ Motel Fees$21,754 $18,871 $2,883 15.3%
Other Interest, Fees & Payments$71,515 $58,347 $13,168 22.6%
Monthly Total of State Revenues$3,949,205  $3,729,044  $220,161  5.9%

Year-to-Date State Net Tax Revenues

(unaudited - numbers in thousands)

Year-to-Date State Net Tax Revenues:Fiscal Year 2026Fiscal Year 2025Change in Dollars Percentage Change
Individual Income Tax$13,755,208 $13,413,988 $341,220 2.5%
Corporate Income Tax$2,591,530 $2,650,188 ($58,658)-2.2%
Gross Sales and Use Tax$16,474,352 $15,794,639 $679,713 4.3%
Local Distribution of Sales Tax($8,194,812)($7,906,548)($288,264)-3.6%
Adjustments \ Refunds($182,367)($115,479)($66,887)-57.9%
Net Sales and Use Taxes$8,097,173 $7,772,611 $324,562 4.2%
Motor Fuel Taxes$1,869,762 $1,833,200 $36,562 2.0%
Tobacco Taxes$172,869 $177,733 ($4,864)-2.7%
Alcoholic Beverages Tax$177,799 $178,982 ($1,183)-0.7%
Property Tax $1,255 $1,217 $38 3.1%
Motor Vehicle - Highway Impact Fees$44,727 $36,244 $8,483 23.4%
Motor Vehicle - Tag, Title and Fees $358,802 $350,219 $8,583 2.5%
Motor Vehicle - Title Ad Valorem Tax $719,038 $722,183 ($3,145)-0.4%
Motor Vehicle - Taxes and Fees Total$1,122,566 $1,108,646 $13,921 1.3%
Subtotal of State Taxes and Fees$27,788,162 $27,136,564 $651,598 2.4%
State Hotel \ Motel Fees$179,658 $174,837 $4,821 2.8%
Other Interest, Fees & Payments$481,325 $454,019 $27,307 6.0%
Year-to-Date Total of State Revenues$28,449,145 $27,765,419 $683,726 2.5%

Footnotes:

  1. The Local Distribution is adjusted with an accrual to reflect payment activity that occurs after the actual distribution (3 business days prior to the end of a month).
  2. "Other Interest, Fees & Sales" include payments that have been deposited in the bank, but for which returns may not have been processed. These undistributed tax payments are then re-classified (once the return is processed) to the appropriate revenue tax account. "Other" also includes Unclaimed Property collections.