The state has released the December 2014 General Revenue Report. Please contact Linda Luebbering for any questions.
For Immediate Release Contact: Linda Luebbering
January 5, 2015 573-751-2345
State Releases December 2014 General Revenue Report
JEFFERSON CITY – State Budget Director Linda Luebbering announced today that 2015 fiscal year-to-date net general revenue collections increased 5.1 percent compared to 2014, from $3.87 billion last year to $4.06 billion this year.
Net general revenue collections for December 2014 increased by 10.7 percent compared to those for December 2013, from $759.6 million to $841.1 million.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
- Increased 6.3 percent for the year, from $2.71 billion last year to $2.88 billion this year.
- Increased 9.6 percent for the month.
Sales and use tax collections
- Increased 3.0 percent for the year, from $979.6 million last year to $1.01 billion this year.
- Increased 4.8 percent for the month.
Corporate income and corporate franchise tax collections
- Increased 3.3 percent for the year, from $260.6 million last year to $269.3 million this year.
- Increased 19.8 percent for the month.
All other collections
- Decreased 5.8 percent for the year, from $187.1 million last year to $176.4 million this year.
- Decreased 19.8 percent for the month.
Refunds
- Increased 1.2 percent for the year, from $266.2 million last year to $269.5 million this year.
- Decreased 25.8 percent for the month.
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