JEFFERSON CITY - State Budget Director Dan Haug announced today that net general revenue collections for May 2019 decreased 5.7 percent compared to those for May 2018, from $729.5 million last year to $688.2 million this year.
Net general revenue collections for 2019 fiscal year-to-date increased 2.1 percent compared to May 2018, from $8.53 billion last year to $8.71 billion this year.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
Decreased 1.3 percent for the year, from $7.09 billion last year to $7.00 billion this year.
Decreased 14.5 percent for the month.
Sales and use tax collections
Increased 3.3 percent for the year, from $2.00 billion last year to $2.06 billion this year.
Increased 7.3 percent for the month.
Corporate income and corporate franchise tax collections
Increased 17.4 percent for the year, from $380.4 million last year to $446.6 million this year.
Decreased 52.2 percent for the month.
All other collections
Increased 0.2 percent for the year, from $432.4 million last year to $433.4 million this year.
Decreased 24.6 percent for the month.
Refunds
Decreased 9.9 percent for the year, from $1.36 billion last year to $1.23 billion this year.
Decreased 29.4 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.