State Budget Director Dan Haug announced today net general revenue collections for November 2018 decreased 9.1 percent compared to those for November 2017, from $743.8 million last year to $676.5 million this year.
Net general revenue collections for 2018 fiscal year-to-date decreased 4.9 percent compared to November 2017, from $3.62 billion last year to $3.44 billion this year.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
Decreased 4.3 percent for the year, from $2.69 billion last year to $2.57 billion this year.
Decreased 7.1 percent for the month.
Sales and use tax collections
Increased 2.5 percent for the year, from $888.3 million last year to $910.7 million this year.
Decreased 5.0 percent for the month.
Corporate income and corporate franchise tax collections
Increased 5.3 percent for the year, from $137.8 million last year to $145.2 million this year.
Increased 53.0 percent for the month.
All other collections
Decreased 14.3 percent for the year, from $167.5 million last year to $143.6 million this year.
Decreased 60.4 percent for the month.
Refunds
Increased 26.5 percent for the year, from $257.9 million last year to $326.2 million this year.
Decreased 1.4 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.
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