State Budget Director Dan Haug announced today that net general revenue collections for January 2019 decreased 24.1 percent compared to those for January 2018, from $1.06 billion last year to $801.2 million this year.
Net general revenue collections for 2019 fiscal year-to-date decreased 7.0 percent compared to January 2018, from $5.49 billion last year to $5.11 billion this year.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
Decreased 10.0 percent for the year, from $4.15 billion last year to $3.73 billion this year.
Decreased 32.2 percent for the month.
Sales and use tax collections
Increased 2.9 percent for the year, from $1.28 billion last year to $1.31 billion this year.
Decreased 3.2 percent for the month.
Corporate income and corporate franchise tax collections
Increased 4.1 percent for the year, from $240.6 million last year to $250.3 million this year.
Increased 109.8 percent for the month.
All other collections
Decreased 7.1 percent for the year, from $256.0 million last year to $237.9 million this year.
Decreased 31.4 percent for the month.
Refunds
Decreased 1.5 percent for the year, from $428.5 million last year to $422.1 million this year.
Decreased 35.7 percent for the month.
The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors.