JEFFERSON CITY – Acting State Budget Director Dan Haug announced today that 2016 fiscal year-to-date net general revenue collections increased 0.9 percent compared to 2015, from $8.71 billion last year to $8.79 billion this year.
Net general revenue collections for June 2016 decreased by 22.8 percent compared to those for June 2015, from $842.7 million to $650.1 million.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
- Increased 3.9 percent for the year, from $6.89 billion last year to $7.16 billion this year.
- Decreased 0.8 percent for the month.
Sales and use tax collections
- Increased 4.4 percent for the year, from $2.01 billion last year to $2.10 billion this year.
- Decreased 4.7 percent for the month.
Corporate income and corporate franchise tax collections
- Decreased 16.2 percent for the year, from $558.6 million last year to $468.3 million this year.
- Decreased 21.9 percent for the month.
All other collections
- Decreased 1.2 percent for the year, from $468.1 million last year to $462.6 million this year.
- Decreased 30.9 percent for the month.
Refunds
- Increased 14.9 percent for the year, from $1.22 billion last year to $1.40 billion this year.
- Increased 104.1 percent for the month.
