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State Releases September 2012 General Revenue Report

October 2, 2012

JEFFERSON CITY, MO -- State Budget Director Linda Luebbering announced today that 2013 fiscal year-to-date net general revenue collections increased 6.6 percent compared to 2012, from $1.78 billion last year to $1.90 billion this year. 

Net general revenue collections for September 2012 increased by 6.6 percent compared to those for September 2011, from $697.3 million to $743.2 million. 

GROSS COLLECTIONS BY TAX TYPE

Individual income tax collections

  • Increased 3.7 percent for the year, from $1.25 billion last year to $1.29 billion this year.
  • Increased 11.6 percent for the month. 

Sales and use tax collections

  • Increased 0.8 percent for the year, from $467.1 million last year to $471.0 million this year.
  • Decreased 9.9 percent for the month. 

Corporate income and corporate franchise tax collections

  • Increased 1.5 percent for the year, from $103.5 million last year to $105.0 million this year.
  • Increased 3.2 percent for the month.

All other collections

  • Increased 30.3 percent for the year, from $106.0 million last year to $138.0 million this year.
  • Decreased 19.5 percent for the month. 

Refunds

  • Decreased 24.5 percent for the year, from $139.7 million last year to $105.4 million this year.
  • Decreased 31.8 percent for the month.

 

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