Office of Administration News
November 2, 2011
State Releases October 2011 General Revenue Report
JEFFERSON CITY, MO - State Budget Director Linda Luebbering announced today that 2012 fiscal year-to-date net general revenue collections increased 1.2 percent compared to 2011, from $2.23 billion last year to $2.25 billion this year.
Net general revenue collections for October 2011 decreased by 1.3 percent compared to those for October 2010, from $476.4 million to $470.1 million.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
- Increased 2.5 percent for the year, from $1.59 billion last year to $1.63 billion this year.
- Increased 3.6 percent for the month.
Sales and use tax collections
- Increased 5.5 percent for the year, from $570.2 million last year to $601.3 million this year.
- Increased 14.6 percent for the month.
Corporate income and corporate franchise tax collections
- Decreased 16.8 percent for the year, from $153.5 million last year to $127.7 million this year.
- Increased 4.6 percent for the month.
All other collections
- Decreased 17.5 percent for the year, from $149.6 million last year to $123.3 million this year.
- Decreased 24.4 percent for the month.
Refunds
- Decreased 3.3 percent for the year, from $232.0 million last year to $224.4 million this year.
- Increased 60.7 percent for the month.
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