For immediate release Nov. 9, 2017 
 
Office of Communications (404) 651-7774 
 
Deal: October tax revenues down -3.2 percent 
 
Gov. Nathan Deal today announced that Georgia's net tax collections for October totaled $1.71 billion, for a decrease of $56.5 million, or -3.2 percent, compared to last year when net tax collections totaled nearly $1.77 billion. Year-to-date, net tax collections totaled almost $7.19 billion, for an increase of $114 million, or 1.6 percent, over October 2016 when net tax revenues totaled roughly $7.08 billion, four months into the fiscal year. 
 
The Department of Revenue's recent internal computer system upgrade permitted a one-time reconciliation which validated the release of additional refunds. 
 
The changes within the following tax categories contributed to the overall net tax revenue decrease in October: 
 
Individual Income Tax: Individual Income Tax collections for the month totaled $897.5 million, down from approximately $924.6 million in October 2016, for a decrease of nearly $27 million, or -2.9 percent. 
 
 The following notable components within Individual Income Tax combine for the net decrease: 
 Individual Income Tax refunds issued (net of voided checks) were up $28.1 million, or 21 percent. 
 Individual Withholding payments were up $17.5 million, or 1.9 percent. 
 Individual Income Tax Return payments were down $26.8 million, or -24.3 percent. 
 All other Individual Tax categories, including Estimated Tax payments, were up a combined $10.4 million. 
Sales and Use Tax: Gross Sales and Use Tax collections deposited during the month totaled $931.2 million, for an increase of $40.2 million, or 4.5 percent, over last year. Net Sales and Use Tax revenue totaled $479.8 million, for an increase of $16 million, or 3.5 percent, compared to October 2016, when net sales tax totaled $463.8 million. The adjusted distribution of sales tax to local governments totaled $444.4 million, for an increase of almost $31.8 million, or 7.7 percent, over last year. Finally, sales tax refunds decreased by $7.6 million, compared to October 2016. 
Corporate Income Tax: Corporate Income Tax collections for October decreased by $23.5 million, or -110.1 percent, compared to last year when net Corporate Tax collections totaled nearly $21.4 million. 
The following components within Corporate Income Tax make up the net decrease: 
 Corporate Income Tax refunds issued (net of voided checks) were up $59.3 million, or 672.8 percent. 
 Corporate Tax Estimated payments were up $31.2 million, or 162.4 percent. 
 All other Corporate Tax categories, including Corporate Net Worth payments, were up a combined $4.6 million. 
 
 Motor Fuel Taxes: Motor Fuel Tax collections during the month totaled almost $146.5 million, for an increase of $3.1 million, or 2.2 percent, compared to October 2016. 
Motor Vehicle Tag & Title Fees: Motor Vehicle Tag & Title Fee collections for October totaled $33.3 million, for an increase of approximately $3.4 million, or 11.2 percent, over last year. Title Ad Valorem Tax (TAVT) collections decreased by $11.9 million, or -14 percent, compared to October 2016, when TAVT collections totaled nearly $85.3 million. 
Jen Talaber Ryan jen.ryan@georgia.gov 
John Vaughan john.vaughan@georgia.gov 
 
 GEORGIA DEPARTMENT OF REVENUE Comparative Summary of State General Fund Receipts 
(unaudited - 000's) 
 
State General Fund Receipts Net Tax Revenues: Income Tax - Individual Income Tax - Corporate 
 
For the Month Ended 
 
October 2017 
 
October 2016 
 
$ 
 
897,519 $ 
 
924,560 
 
$ 
 
(2,155) $ 
 
21,352 
 
$ Change 
 
$ 
 
(27,041) 
 
$ 
 
(23,508) 
 
Sales and Use Tax - General: 
 
Sales and Use Tax - Gross (Note 2b) 
 
$ 
 
Local Distribution (Note 1) 
 
$ 
 
Adjustments \ Refunds 
 
$ 
 
Net Sales and Use Tax - General 
 
$ 
 
931,200 $ (444,404) $ 
(6,989) $ 479,807 $ 
 
891,008 $ (412,651) $ 
(14,571) $ 463,786 $ 
 
40,192 (31,753) 
7,582 16,021 
 
Motor Fuel Taxes (Note 2a) Tobacco Taxes Alcoholic Beverages Tax Property Tax 
 
$ 
 
146,452 $ 
 
143,352 $ 
 
3,099 
 
$ 
 
16,370 $ 
 
17,753 $ 
 
(1,383) 
 
$ 
 
15,739 $ 
 
16,124 $ 
 
(385) 
 
$ 
 
1,021 $ 
 
1,003 $ 
 
18 
 
Motor Vehicle Revenues: Highway Impact Fees Tag, Title and Fees Title Ad Valorem Tax 
Motor Vehicle Subtotal 
 
$ 
 
706 $ 
 
656 $ 
 
50 
 
$ 
 
33,288 $ 
 
29,929 $ 
 
3,359 
 
$ 
 
73,331 $ 
 
85,258 $ 
 
(11,927) 
 
$ 
 
107,324 $ 
 
115,842 $ 
 
(8,518) 
 
Total Net Taxes - Subtotal 
 
$ 
 
Interest, Fees and Sales: 
 
Hotel \ Motel Fees 
 
$ 
 
Other Interest, Fees & Sales (Note 3) 
 
$ 
 
1,662,077 $ 
14,991 $ 34,453 $ 
 
1,703,773 $ 
 
(41,696) 
 
14,214 $ 50,013 $ 
 
777 (15,560) 
 
Total State General Fund Receipts 
 
$ 
 
1,711,521 $ 
 
1,768,000 $ 
 
(56,479) 
 
% Change 
-2.9% -110.1% 
4.5% -7.7% 52.0% 3.5% 2.2% -7.8% -2.4% 1.8% 
7.6% 11.2% -14.0% -7.4% 
-2.4% 
5.5% -31.1% 
-3.2% 
 
State General Fund Receipts Net Tax Revenues: Income Tax - Individual Income Tax - Corporate 
Sales and Use Tax - General: Sales and Use Tax - Gross (Note 2b) Local Distribution (Note 1) Adjustments \ Refunds 
Net Sales and Use Tax - General 
Motor Fuel Taxes (Note 2a) Tobacco Taxes Alcoholic Beverages Tax Property Tax 
Motor Vehicle Revenues: Highway Impact Fees Tag, Title and Fees Title Ad Valorem Tax 
Motor Vehicle Subtotal 
Total Net Taxes - Subtotal 
Interest, Fees and Sales: Hotel \ Motel Fees Other Interest, Fees & Sales (Note 3) 
Total State General Fund Receipts 
 
FY 2018 
 
$ 
 
3,673,715 
 
$ 
 
231,280 
 
FY 2017 
 
$ 
 
3,591,073 
 
$ 
 
231,579 
 
$ Change % Change 
 
$ 
 
82,642 
 
$ 
 
(299) 
 
2.3% -0.1% 
 
$ 
 
3,773,896 $ 
 
3,568,747 $ 
 
205,149 
 
$ 
 
(1,811,801) $ 
 
(1,645,072) $ (166,730) 
 
$ 
 
(29,142) $ 
 
(34,422) $ 
 
5,281 
 
$ 
 
1,932,953 $ 
 
1,889,253 $ 
 
43,699 
 
$ 
 
604,238 $ 
 
588,628 $ 
 
15,610 
 
$ 
 
75,994 $ 
 
75,472 $ 
 
522 
 
$ 
 
65,823 $ 
 
65,740 $ 
 
83 
 
$ 
 
1,274 $ 
 
1,118 $ 
 
156 
 
$ 
 
2,826 $ 
 
3,546 $ 
 
(719) 
 
$ 
 
128,758 $ 
 
116,734 $ 
 
12,024 
 
$ 
 
324,930 $ 
 
353,469 $ 
 
(28,539) 
 
$ 
 
456,514 $ 
 
473,749 $ 
 
(17,234) 
 
$ 
 
7,041,792 $ 
 
6,916,613 $ 
 
125,179 
 
5.7% -10.1% 15.3% 
2.3% 
2.7% 0.7% 0.1% 14.0% 
-20.3% 10.3% -8.1% -3.6% 
1.8% 
 
$ 
 
59,927 $ 
 
58,712 $ 
 
1,215 
 
$ 
 
90,877 $ 
 
103,320 $ 
 
(12,442) 
 
$ 
 
7,192,596 $ 
 
7,078,645 $ 
 
113,951 
 
2.1% -12.0% 
1.6% 
 
Footnotes: 1. The Local Distribution is adjusted with an accrual to reflect payment activity that occurs after the actual distribution (3 business days prior to the end of a month). 2. Both the a) 3% State Prepaid Motor Fuel Tax and b) 1% State Motor Fuel Sales Tax (2nd Motor Fuel) were repealed by Transportation Funding Act (HB 170). 
3. "Other Interest, Fees & Sales" include payments that have been deposited in the bank, but for which returns may not have been processed. These undistributed tax payments are then re-classified (once the return is processed) to the appropriate revenue tax account. "Other" also includes Unclaimed Property collections.