Financial Comparative Summary - July 2026
State General Fund Receipts
(unaudited - numbers in thousands)
| Monthly State Net Tax Revenues: | Month Ended July FY 2027 | Month Ended July FY 2026 | Change in Dollars | Percentage Change |
|---|---|---|---|---|
| Individual Income Tax | $1,240,488 | $1,267,594 | ($27,106) | -2.1% |
| Corporate Income Tax | $72,173 | $53,738 | $18,435 | 34.3% |
| Gross Sales and Use Tax | $1,777,320 | $1,614,500 | $162,821 | 10.1% |
| Local Distribution of Sales Tax | ($894,490) | ($808,584) | ($85,907) | -10.6% |
| Adjustments \ Refunds | ($7,520) | ($9,851) | $2,331 | 23.7% |
| Net Sales and Use Taxes | $875,311 | $796,066 | $79,245 | 10.0% |
| Motor Fuel Taxes | $183,985 | $194,535 | ($10,550) | -5.4% |
| Tobacco Taxes | $16,433 | $19,584 | ($3,150) | -16.1% |
| Alcoholic Beverages Tax | $19,191 | $18,410 | $781 | 4.2% |
| Property Tax | $2 | $1 | $1 | 120.2% |
| Motor Vehicle - Highway Impact Fees | $4,956 | $3,838 | $1,118 | 29.1% |
| Motor Vehicle - Tag, Title and Fees | $35,496 | $37,528 | ($2,031) | -5.4% |
| Motor Vehicle - Title Ad Valorem Tax | $76,494 | $72,906 | $3,588 | 4.9% |
| Motor Vehicle - Taxes and Fees Total | $116,947 | $114,272 | $2,674 | 2.3% |
| Subtotal of State Taxes and Fees | $2,524,529 | $2,464,199 | $60,330 | 2.4% |
| State Hotel \ Motel Fees | $25,111 | $18,461 | $6,650 | 36.0% |
| Other Interest, Fees & Payments | $23,276 | $12,117 | $11,159 | 92.1% |
| Monthly Total of State Revenues | $2,572,916 | $2,494,776 | $78,140 | 3.1% |
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.