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State Releases July 2013 General Revenue Report

August 2, 2013
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JEFFERSON CITY, Mo. - State Budget Director Linda Luebbering announced today that July 2013 net general revenue collections decreased 4.8 percent compared to July 2012, from $505.7 million last year to $481.4 million this year.

GROSS COLLECTIONS BY TAX TYPE

Individual income tax collections

  • Increased 0.2 percent for the year, from $341.3 million last year to $341.9 million this year.

Sales and use tax collections

  • Increased 4.0 percent for the year from $145.4 million last year to $151.3 million this year.

Corporate income and corporate franchise tax collections

  • Increased 10.4 percent for the year, from $16.8 million last year to $18.6 million this year.

All other collections

  • Decreased 72.5 percent for the year, from $56.0 million last year to $15.4 million this year.

Refunds

  • Decreased 15.1 percent for the year, from $53.7 million last year to $45.6 million this year.