MO Project: Contextual Branding

State Releases November 2013 General Revenue Report

December 3, 2013

JEFFERSON CITY, MO -- State Budget Director Linda Luebbering announced today that 2014 fiscal year-to-date net general revenue collections increased 2.2 percent compared to fiscal year 2013, from $3.04 billion last year to $3.11 billion this year.

 

Net general revenue collections for November 2013 increased by 1.0 percent compared to those for November 2012, from $618.7 million to $625.1 million.

 

 

GROSS COLLECTIONS BY TAX TYPE

 

Individual income tax collections

  • Increased 2.6 percent for the year, from $2.13 billion last year to $2.19 billion this year.
  • Decreased 1.9 percent for the month.

 

Sales and use tax collections

  • Increased 2.9 percent for the year from $780.8 million last year to $803.2 million this year.
  • Decreased 3.1 percent for the month.

 

Corporate income and corporate franchise tax collections

  • Increased 31.9 percent for the year, from $136.9 million last year to $180.6 million this year.
  • Increased 134.3 percent for the month.

 

All other collections

  • Decreased 30.2 percent for the year, from $202.3 million last year to $141.2 million this year.
  • Increased 0.8 percent for the month.

 

Refunds

  • Decreased 3.2 percent for the year, from $210.6 million last year to $203.8 million this year.
  • Decreased 24.4 percent for the month.

 

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