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State Releases September 2014 General Revenue Report

October 3, 2014

JEFFERSON CITY - State Budget Director Linda Luebbering announced today that 2015 fiscal year-to-date net general revenue collections increased 3.8 percent compared to 2014, from $1.95 billion last year to $2.03 billion this year.

Net general revenue collections for September 2014 increased by 3.0 percent compared to those for September 2013, from $804.6 million to $828.5 million. 

GROSS COLLECTIONS BY TAX TYPE

Individual income tax collections
Increased 5.7 percent for the year, from $1.34 billion last year to $1.42 billion this year.
Increased 1.8 percent for the month. 

Sales and use tax collections
Increased 3.6 percent for the year, from $495.1 million last year to $512.8 million this year.
Increased 10.5 percent for the month.

Corporate income and corporate franchise tax collections
Decreased 2.9 percent for the year, from $134.9 million last year to $131.0 million this year.
Decreased 2.2 percent for the month.

All other collections
Decreased 3.2 percent for the year, from $93.2 million last year to $90.2 million this year.
Decreased 16.5 percent for the month.

Refunds
Increased 11.8 percent for the year, from $111.6 million last year to $124.8 million this year.
Decreased 12.4 percent for the month.