MO Project: Contextual Branding

State Releases December 2018 General Revenue Report

January 4, 2019

State Budget Director Dan Haug announced today net general revenue collections for December 2018 increased 6.2 percent compared to those for December 2017, from $813.1 million last year to $863.9 million this year.

Net general revenue collections for 2018 decreased 2.9 percent compared to December 2017, from $4.44 billion last year to $4.31 billion this year.

GROSS COLLECTIONS BY TAX TYPE

Individual income tax collections

Decreased 3.7 percent for the year, from $3.22 billion last year to $3.10 billion this year.
Decreased 0.5 percent for the month.

Sales and use tax collections

Increased 4.1 percent for the year, from $1.06 billion last year to $1.10 billion this year.
Increased 12.1 percent for the month.

Corporate income and corporate franchise tax collections

Decreased 2.0 percent for the year, from $227.5 million last year to $223.0 million this year.
Decreased 13.3 percent for the month.

All other collections

Decreased 3.6 percent for the year, from $223.8 million last year to $215.8 million this year.
Increased 28.3 percent for the month.

Refunds

Increased 13.3 percent for the year, from $299.0 million last year to $338.9 million this year.
Decreased 69.3 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.