MO Project: Contextual Branding

State Releases July 2019 General Revenue Report

August 5, 2019

JEFFERSON CITY - State Budget Director Dan Haug announced today that July 2019 net general revenue collections increased 8.2 percent compared to July 2018, from $543.6 million last year to $588.4 million this year. 

GROSS COLLECTIONS BY TAX TYPE

Individual income tax collections

Increased 2.6 percent for the year, from $403.5 million last year to $414.2 million this year.

Sales and use tax collections

Increased 8.6 percent for the year, from $165.6 million last year to $179.8 million this year.

Corporate income and corporate franchise tax collections

Increased 53.9 percent for the year, from $15.6 million last year to $24.0 million this year.

All other collections

Increased 16.0 percent for the year, from $18.9 million last year to $21.9 million this year.

Refunds

Decreased 14.0 percent for the year, from $60.0 million last year to $51.6 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.

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