State Budget Director Dan Haug announced today that net general revenue collections for April 2026 decreased 10.7 percent compared to those for April 2025, from $1.43 billion last year to $1.28 billion this year.
Net general revenue collections for 2026 fiscal year-to-date decreased 0.8 percent compared to April 2025, from $10.61 billion last year to $10.53 billion this year.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
Increased 1.6 percent for the year, from $7.40 billion last year to $7.51 billion this year.
Decreased 4.3 percent for the month.
Pass through entity tax collections
Decreased 20.8 percent for the year, from $525.1 million last year to $415.9 million this year.
Decreased 19.8 percent for the month.
Sales and use tax collections
Increased 5.0 percent for the year, from $2.69 billion last year to $2.82 billion this year.
Increased 9.7 percent for the month.
Corporate income and corporate franchise tax collections
Decreased 21.0 percent for the year, from $758.4 million last year to $599.3 million this year.
Decreased 17.3 percent for the month.
All other collections
Increased 1.9 percent for the year, from $831.4 million last year to $846.9 million this year.
Decreased 10.0 percent for the month.
Refunds
Increased 5.3 percent for the year, from $1.59 billion last year to $1.67 billion this year.
Increased 19.3 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.
No comments:
Post a Comment