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State Releases January 2013 General Revenue Report

February 4, 2013

JEFFERSON CITY, MO - State Budget Director Linda Luebbering announced today that 2013 fiscal year-to-date net general revenue collections increased 9.5 percent compared to 2012, from $4.15 billion last year to $4.54 billion this year. 

Net general revenue collections for January 2013 increased by 18.4 percent compared to those for January 2012, from $658.5 million to $779.5 million. 

Gross Collections by Type

Individual income tax collections

  • Increased 6.1 percent for the year, from $3.04 billion last year to $3.22 billion this year.
  • Increased 8.0 percent for the month.

Sales and use tax collections

  • Increased 2.4 percent for the year from $1.08 billion last year to $1.10 billion this year.
  • Increased 14.7 percent for the month.

Corporate income and corporate franchise tax collections

  • Increased 0.9 percent for the year, from $235.8 million last year to $237.9 million this year.
  • Increased 35.6 percent for the month.

All other collections

  • Increased 37.8 percent for the year, from $188.0 million last year to $259.2 million this year.
  • Increased 20.8 percent for the month.

Refunds

  • Decreased 28.5 percent for the year, from $389.1 million last year to $278.1 million this year.
  • Decreased 54.0 percent for the month.