Georgia’s tax collections jumped 3.6 percent in November, another dose of good news for budget-writers preparing for next year’s legislative session.
Gov. Nathan Deal’s office said Tuesday that the state’s net tax collections totaled nearly $1.4 billion, an increase of about $49 million from the same month last year.
Total tax collections for the fiscal year are $7.34 billion, an increase of 5.4 percent compared to the same point last year.
A breakdown of the tax collections show slight decreases in individual income tax and sales tax receipts from November 2012. But that was more than offset by a jump in corporate income tax collections and fuel taxes, as well as revenue from new motor vehicle fees that replaced an annual tag tax.
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