JEFFERSON CITY - State Budget Director Dan Haug announced today that July 2018 net general revenue collections decreased 5.3 percent compared to July 2017, from $574.2 million last year to $543.6 million this year.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
Decreased 8.9 percent for the year, from $443.0 million last year to $403.5 million this year.
Sales and use tax collections
Increased 9.8 percent for the year from $150.9 million last year to $165.6 million this year.
Corporate income and corporate franchise tax collections
Decreased 11.4 percent for the year, from $17.6 million last year to $15.6 million this year.
All other collections
Increased 2.7 percent for the year, from $18.4 million last year to $18.9 million this year.
Refunds
Increased 7.8 percent for the year, from $55.7 million last year to $60.0 million this year.
The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors.