Thursday, November 4, 2004 
 
Contact: Office of Communications 404-651-7774 
 
Governor Perdue Announces October Revenue Figures ATLANTA, GA  Governor Sonny Perdue announced today that net revenue collections for the month of October 2004 (FY05) totaled $1,153,779,000 compared to $1,094,043,000 for October 2003 (FY04). This represents an increase of $59,736,000 (5.5%) over the previous year. 
The percentage increase year-to-date for FY05 compared to FY04 is 11.5%. There have been three additional deposit days in FY05 compared to FY04. 
 
GEORGIA DEPARTMENT OF REVENUE Comparative Net Revenue Collections (unaudited - 000's) 
 
GENERAL FUND Tax Revenues: Income Tax - Individual 
Sales and Use Tax - General Motor Fuel Taxes: 
Prepaid Motor Fuel Sales Tax 
Motor Fuel Excise Tax Total Motor Fuel Taxes 
 
For the Month Ended 
 
October 2003 (FY 
2004) 
 
October 2004 (FY 
2005) 
 
$ 
 
% Change 
 
Change 
 
$549,700 $454,405 
 
$576,379 $426,500 
 
$26,679 
$ (27,905) 
 
4.9% -6.1% 
 
$21,172 $40,299 $61,471 
 
$25,219 $37,974 $63,193 
 
$4,047 $(2,325) $1,722 
 
19.1% -5.8% 2.8% 
 
 Income Tax - Corporate Tobacco Taxes Alcohol Beverages Tax Estate Tax Property Tax 
Total Tax Revenues Other Revenues: 
Other Fees and Sales Total Taxes/Other Revenues 
 
$1,945 $19,762 $8,677 $4,766 $4,528 $1,105,254 
$(11,211) $1,094,043 
 
$28,023 $21,729 $10,959 $4,891 $6,080 $1,137,754 
$16,025 $1,153,779 
 
$26,078 $1,967 $2,282 $125 $1,552 $32,500 
 
1340.8% 10.0% 26.3% 2.6% 34.3% 2.9% 
 
$27,236 $59,736 
 
242.9% 5.5% 
 
GENERAL FUND 
 
FY 2004 
 
Tax Revenues: 
 
Income Tax - Individual 
 
$2,113,127 
 
Sales and Use Tax - General $1,568,779 
 
Motor Fuel Taxes: 
 
Prepaid Motor Fuel SalesTax $77,368 
 
Motor Fuel Excise Tax 
 
$157,758 
 
Total Motor Fuel Taxes 
 
$235,126 
 
Income Tax - Corporate 
 
$75,891 
 
Tobacco Taxes 
 
$52,654 
 
Alcohol Beverages Tax 
 
$45,532 
 
FY 2005 
$2,316,839 $1,696,330 
$103,237 $148,996 $252,233 $149,813 $73,381 $49,470 
 
$ Change 
 
% Change 
 
$203,712 $127,551 
 
9.6% 8.1% 
 
$25,869 $ (8,762) $17,107 $73,922 $20,727 $3,938 
 
33.4% -5.6% 7.3% 97.4% 39.4% 8.6% 
 
 Estate Tax 
 
$16,012 
 
$21,685 
 
$5,673 
 
Property Tax 
 
$11,753 
 
$13,907 
 
$2,154 
 
Total Tax Revenues 
 
$4,118,874 
 
$4,573,658 
 
$454,784 
 
Other Revenues: 
 
Other Fees and Sales 
 
$12,036 
 
$31,685 
 
$19,649 
 
Total Taxes/Other Revenues $4,130,910 
 
$4,605,343 
 
$474,433 
 
Notes: 
1. Totals do not include Motor Vehicle License Tax, Insurance Premium Tax, Peace Officers' and Prosecutors Training Fund fees and State Children's Trust fund. 
2. Other Fees and Sales include taxes and fees that have been deposited in the bank, but the returns have not been processed. It also includes unclaimed property collections. 
3. FY 2004 numbers were adjusted in the following manner: 
- Income Tax - Individual was increase by $16.8M as a result of allocating the accelerated withholding collections evenly throughout 2004. 
- $21M was reclassed from Sales and Use Tax in October 2003 and reported as Prepaid Motor Fuel Sales Tax.- $108K was excluded from Other Fees and Sales because the Department no longer collects State Childrens' Trust funds. 
- For the months of October 2003 and December 2003, $179K and $192K in Other Fees and Sales were reported on the following graph but not on this "Comparative Net Revenue Collections" report. 
# # # 
 
35.4% 18.3% 11.0% 
163.3% 11.5%