State Budget Director Dan Haug announced today that net general revenue collections for August 2025 increased by 9.5 percent compared to those for August 2024, from $942.7 million last year to $1.03 billion this year. Net general revenue collections for 2026 fiscal year-to-date increased 5.3 percent compared to August 2024, from $1.78 billion last year to $1.87 billion this year.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
Increased 8.7 percent for the year, from $1.13 billion last year to $1.23 billion this year.
Increased 12.7 percent for the month
Pass Through Entity tax collections
Decreased 26.8 percent for the year, from $36.2 million last year to $26.5 million this year.
Decreased 76.7 percent for the month.
Sales and use tax collections
Increased 0.8 percent for the year, from $596.12 million last year to $601 million this year.
Increased 0.9 percent for the month.
Corporate income and corporate franchise tax collections
Decreased 12.5 percent for the year, from $56.5 million last year to $49.4 million this year.
Increased 118.8 percent for the month.
All other collections
Decreased 5.3 percent for the year, from $143.8 million last year to $136.2 million this year.
Increased 6.0 percent for the month.
Refunds
Decreased 8.5 percent for the year, from $187.71 million last year to $171.7 million this year.
Decreased 14.1 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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