Financial Comparative Summary - August 2026
State General Fund Receipts
(unaudited - numbers in thousands)
| Monthly State Net Tax Revenues: | Month Ended August FY 2027 | Month Ended August FY 2026 | Change in Dollars | Percentage Change |
|---|---|---|---|---|
| Individual Income Tax | $1,198,156 | $1,158,132 | $40,024 | 3.5% |
| Corporate Income Tax | $18,384 | $39,789 | ($21,406) | -53.8% |
| Gross Sales and Use Tax | $1,789,171 | $1,660,159 | $129,012 | 7.8% |
| Local Distribution of Sales Tax | ($911,939) | ($830,000) | ($81,939) | -9.9% |
| Adjustments \ Refunds | ($10,840) | ($8,403) | ($2,437) | -29.0% |
| Net Sales and Use Taxes | $866,392 | $821,755 | $44,637 | 5.4% |
| Motor Fuel Taxes | $192,857 | $199,467 | ($6,610) | -3.3% |
| Tobacco Taxes | $16,411 | $18,605 | ($2,194) | -11.8% |
| Alcoholic Beverages Tax | $18,995 | $18,701 | $294 | 1.6% |
| Property Tax | $4 | $4 | $0 | 4.4% |
| Motor Vehicle - Highway Impact Fees | $4,411 | $3,515 | $896 | 25.5% |
| Motor Vehicle - Tag, Title and Fees | $38,498 | $30,207 | $8,292 | 27.4% |
| Motor Vehicle - Title Ad Valorem Tax | $71,278 | $72,108 | ($830) | -1.2% |
| Motor Vehicle - Taxes and Fees Total | $114,188 | $105,830 | $8,358 | 7.9% |
| Subtotal of State Taxes and Fees | $2,425,386 | $2,362,283 | $63,103 | 2.7% |
| State Hotel \ Motel Fees | $18,590 | $18,443 | $147 | 0.8% |
| Other Interest, Fees & Payments | $52,705 | $30,525 | $22,180 | 72.7% |
| Monthly Total of State Revenues | $2,496,681 | $2,411,251 | $85,430 | 3.5% |
Year-to-Date State Net Tax Revenues
(unaudited - numbers in thousands)
| Year-to-Date State Net Tax Revenues: | Fiscal Year 2027 | Fiscal Year 2026 | Change in Dollars | Percentage Change |
|---|---|---|---|---|
| Individual Income Tax | $2,438,644 | $2,425,726 | $12,919 | 0.5% |
| Corporate Income Tax | $90,556 | $93,527 | ($2,971) | -3.2% |
| Gross Sales and Use Tax | $3,566,491 | $3,274,658 | $291,833 | 8.9% |
| Local Distribution of Sales Tax | ($1,806,430) | ($1,638,584) | ($167,846) | -10.2% |
| Adjustments \ Refunds | ($18,359) | ($18,254) | ($106) | -0.6% |
| Net Sales and Use Taxes | $1,741,702 | $1,617,821 | $123,882 | 7.7% |
| Motor Fuel Taxes | $376,842 | $394,002 | ($17,161) | -4.4% |
| Tobacco Taxes | $32,844 | $38,188 | ($5,344) | -14.0% |
| Alcoholic Beverages Tax | $38,186 | $37,111 | $1,075 | 2.9% |
| Property Tax | $6 | $5 | $1 | 26.2% |
| Motor Vehicle - Highway Impact Fees | $9,367 | $7,353 | $2,014 | 27.4% |
| Motor Vehicle - Tag, Title and Fees | $73,995 | $67,735 | $6,260 | 9.2% |
| Motor Vehicle - Title Ad Valorem Tax | $147,773 | $145,014 | $2,759 | 1.9% |
| Motor Vehicle - Taxes and Fees Total | $231,135 | $220,102 | $11,033 | 5.0% |
| Subtotal of State Taxes and Fees | $4,949,915 | $4,826,481 | $123,434 | 2.6% |
| State Hotel \ Motel Fees | $43,700 | $36,904 | $6,797 | 18.4% |
| Other Interest, Fees & Payments | $75,981 | $42,642 | $33,339 | 78.2% |
| Year-to-Date Total of State Revenues | $5,069,596 | $4,906,027 | $163,570 | 3.3% |
Footnotes:
- 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).
- "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.