News
Georgia’s revenues jump 4 percent in February
By News Staff
March 6, 2013Georgia’s budget writers got a dose of good news on Wednesday.
State revenues jumped 4 percent in February compared with the same month a year ago. In all, the state’s tax collections were up 5.6 percent after the first eight months of this fiscal year.
Individual income tax rates decreased 12 percent in February, but sales tax collections grew by 8 percent and corporate income tax revenue increased by 92 percent.
The figures suggest Georgia’s slow economic recovery is continuing.
