Financial Comparative Summary - October 2026
State General Fund Receipts
(unaudited - numbers in thousands)
| Monthly State Net Tax Revenues: | Month Ended October FY '27 | Month Ended October FY '26 | Change in Dollars | Percentage Change |
|---|---|---|---|---|
| Individual Income Tax | $1,221,810 | $1,336,939 | ($115,129) | -8.6% |
| Corporate Income Tax | $90,799 | $61,061 | $29,738 | 48.7% |
| Gross Sales and Use Tax | $1,735,263 | $1,599,940 | $135,322 | 8.5% |
| Local Distribution of Sales Tax | ($883,254) | ($797,080) | ($86,174) | -10.8% |
| Adjustments \ Refunds | ($9,310) | ($12,825) | $3,515 | 27.4% |
| Net Sales and Use Taxes | $842,698 | $790,035 | $52,664 | 6.7% |
| Motor Fuel Taxes | $183,754 | $192,033 | ($8,279) | -4.3% |
| Tobacco Taxes | $15,286 | $16,657 | ($1,371) | -8.2% |
| Alcoholic Beverages Tax | $18,170 | $18,728 | ($558) | -3.0% |
| Property Tax | $7 | $48 | ($40) | -84.6% |
| Motor Vehicle - Highway Impact Fees | $4,848 | $4,543 | $304 | 6.7% |
| Motor Vehicle - Tag, Title and Fees | $35,982 | $40,678 | ($4,696) | -11.5% |
| Motor Vehicle - Title Ad Valorem Tax | $76,392 | $74,248 | $2,144 | 2.9% |
| Motor Vehicle - Taxes and Fees Total | $117,221 | $119,469 | ($2,247) | -1.9% |
| Subtotal of State Taxes and Fees | $2,489,746 | $2,534,968 | ($45,222) | -1.8% |
| State Hotel \ Motel Fees | $17,820 | $15,913 | $1,907 | 12.0% |
| Other Interest, Fees & Payments | $207,001 | $156,999 | $50,001 | 31.8% |
| Monthly Total of State Revenues | $2,714,567 | $2,707,881 | $6,686 | 0.2% |
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 | $5,084,361 | $5,247,842 | ($163,481) | -3.1% |
| Corporate Income Tax | $861,913 | $797,289 | $64,625 | 8.1% |
| Gross Sales and Use Tax | $7,031,782 | $6,467,829 | $563,953 | 8.7% |
| Local Distribution of Sales Tax | ($3,570,130) | ($3,215,865) | ($354,264) | -11.0% |
| Adjustments \ Refunds | ($37,502) | ($103,138) | $65,636 | 63.6% |
| Net Sales and Use Taxes | $3,424,150 | $3,148,826 | $275,325 | 8.7% |
| Motor Fuel Taxes | $763,893 | $789,756 | ($25,862) | -3.3% |
| Tobacco Taxes | $65,909 | $74,121 | ($8,211) | -11.1% |
| Alcoholic Beverages Tax | $73,709 | $73,244 | $464 | 0.6% |
| Property Tax | $1,047 | $1,052 | ($5) | -0.5% |
| Motor Vehicle - Highway Impact Fees | $18,624 | $15,552 | $3,072 | 19.8% |
| Motor Vehicle - Tag, Title and Fees | $156,266 | $146,327 | $9,939 | 6.8% |
| Motor Vehicle - Title Ad Valorem Tax | $287,346 | $290,946 | ($3,600) | -1.2% |
| Motor Vehicle - Taxes and Fees Total | $462,236 | $452,826 | $9,411 | 2.1% |
| Subtotal of State Taxes and Fees | $10,737,218 | $10,584,954 | $152,264 | 1.4% |
| State Hotel \ Motel Fees | $78,644 | $69,595 | $9,049 | 13.0% |
| Other Interest, Fees & Payments | $311,375 | $225,727 | $85,648 | 37.9% |
| Year-to-Date Total of State Revenues | $11,127,237 | $10,880,277 | $246,961 | 2.3% |
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.