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The State of Georgia’s net tax collections in October totaled nearly $2.02 billion, for an increase of $35.2 million, or 1.8 percent, compared to last year when net tax collections totaled $1.98 billion. Year-to-date, net tax revenue collections totaled $8.21 billion, for an increase of $400.2 million, or 5.1 percent, compared to October FY 2020.
Gov. Brian Kemp announced today that Georgia’s September net tax collections totaled roughly $2.16 billion, for a decrease of $81.3 million, or -3.6 percent, compared to September 2019, when net tax collections approached $2.25 billion for the month. Year-to-date, net tax revenue collections totaled nearly $6.20 billion during the first quarter, for an increase of $365 million, or 6.3 percent, compared to the same period last year (FY 2020).
Currently, Georgia’s census self-response rate of 61.2% is lagging behind many states as well as the national average. Participating in the census is required by law, and it is key to Georgia’s future because response rates determine how billions of dollars in federal funding are directed to states for education, infrastructure, public health, and related areas.
Gov. Brian Kemp announced today that Georgia’s August net tax collections totaled nearly $1.89 billion, for an increase of $134.5 million, or 7.7 percent, compared to August 2019, when net tax collections totaled roughly $1.75 billion.
The State of Georgia’s net tax collections for July 2020, inclusive of both the recurring monthly tax collections for July and FY 2020 related tax collections delayed by the deferral of the April 15 tax filing deadline to July 15, totaled approximately $3.10 billion.
As of June 30, 2020, the State of Georgia’s June net tax collections approached $1.94 billion, for a decrease of $187 million, or -8.8 percent, compared to June 2019 when net tax collections totaled roughly $2.12 billion. Net tax collections for FY 2020 currently total almost $22.75 billion, which reflects a decrease of roughly $1.04 billion, or -4.4 percent, compared to fiscal year-ending June 30, 2019 when net tax revenues totaled more than $23.79 billion.
Department of Revenue reminds taxpayers about upcoming July 15th income tax deadline
The Department of Revenue (DOR) is reminding Georgians of the upcoming vehicle registration deadline on Monday, June 15, 2020, for registrations that were extended due to COVID-19
The State of Georgia’s May net tax collections totaled $1.58 billion for a decrease of $178 million, or -10.1 percent, compared to May 2019 when net tax collections totaled nearly $1.76 billion. Year-to-date, net tax collections totaled $20.81 billion for a decrease of roughly $857.9 million, or -4 percent, compared to the previous fiscal year when net tax revenues totaled nearly $21.67 billion.
Georgia Department of Revenue to reopen in-person customer service