KO-PR-Fin-Test
Sales and Use Tax - General:
Comparative Summary of State General Fund Receipts
(unaudited - 000's)
| Net State Tax Revenues: | Month Ended January 2026 | Month Ended January 2025 | Change in Dollars | Percentage Change |
|---|---|---|---|---|
| Income Tax Individual | $1,566,665 | $1,594,066 | -$27,401 | -1.7% |
| Income Tax - Corporate | $122,761 | $160,886 | -$38,125 | -23.7% |
| Sales and Use Tax - Gross | $1,925,944 | $1,846,863 | $79,081 | 4.3% |
| Local Distribution (Note 1) | -$952,160 | -$930,393 | -$21,768 | -2.3% |
| Adjustments \ Refunds | -$27,055 | -$6,036 | -$21,018 | -348.2% |
| Net Sales and Use Tax General | $946,729 | $910,434 | $36,295 | 4.0% |
| Motor Fuel Taxes | $193,907 | $193,589 | $318 | 0.2% |
| Tobacco Taxes | $16,219 | $18,537 | -$2,318 | -12.5% |
| Alcoholic Beverages Tax | $20,487 | $20,150 | $337 | 1.7% |
| Property Tax | $148 | $1 | $147 | NM |
| MV - Highway Impact Fees | $5,317 | $4,396 | $922 | 21.0% |
| MV - Tag, Title and Fees | $31,248 | $35,017 | -$3,769 | -10.8% |
| MV - Title Ad Valorem Tax | $73,293 | $73,071 | $222 | 0.3% |
| Motor Vehicle Subtotal | $109,858 | $112,483 | -$2,626 | -2.3% |
| Total Net Taxes - Subtotal | $2,976,774 | $3,010,147 | -$33,373 | -1.1% |
| Total Net Taxes: Subtotal | $23,529 | $14,703 | $8,827 | 60.0% |
| Other Interest, Fees & Sales (Note 2) | $33,565 | $27,084 | $6,480 | 23.9% |
| Grand Total: State General Fund Receipts | $3,033,868 | $3,051,934 | -$18,066 | -0.6% |
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.