For immediate release Jan. 5, 2018 
 
Office of Communications (404) 651-7774 
 
Deal: December tax revenues up 10 percent 
 
Gov. Nathan Deal today announced that Georgia's net tax collections for December totaled $2.26 billion, for an increase of $206.1 million, or 10 percent, compared to last year when net tax collections totaled nearly $2.06 billion. Year-to-date, net tax collections totaled $11.3 billion, for an increase of $444.7 million, or 4.1 percent, over December 2016, when net tax revenues totaled roughly $10.86 billion six months into the fiscal year. 
The changes within the following tax categories contributed to the overall net tax revenue increase in December: 
Individual Income Tax: Individual Income Tax collections for the month totaled $1.26 billion, up from approximately $1.11 billion in December 2016, for an increase of approximately $146 million, or 13.1 percent. 
The following notable components within Individual Income Tax combine for the net increase:  Individual Income Tax refunds issued (net of voided checks) were up almost $7.3 million, or 21 percent.  Individual Withholding payments were up $59.4 million, or 6.1 percent. 
 
  Individual Estimated Tax payments were up $60.8 million, or 46.3 percent.  All other Individual Tax categories, including Non-Resident Return payments, were up 
a combined $33.1 million. 
Sales and Use Tax: Gross Sales and Use Tax collections deposited during the month totaled nearly $946.5 million, for an increase of $72.5 million, or 8.3 percent, over last year. Net Sales and Use Tax revenue totaled $495.8 million, for an increase of $30.1 million, or 6.5 percent, compared to December 2016, when net sales tax totaled roughly $465.8 million. The adjusted distribution of sales tax to local governments totaled $448.1 million, for an increase of approximately $46.3 million, or 11.5 percent, over last year. Finally, sales tax refunds decreased by $3.9 million, or -60.2 percent, from a total of $6.4 million in December 2016. 
Corporate Income Tax: Corporate Income Tax collections for December increased by almost $22.3 million, or 13.6 percent, compared to last year when net Corporate Tax collections totaled $163.5 million. 
The following components within Corporate Income Tax make up the net increase:  Corporate Income Tax refunds issued (net of voided checks) were up nearly $1.2 
million, or 29.6 percent.  Corporate Tax Estimated payments were up $12.1 million, or 8.7 percent.  All other Corporate Tax categories, including Corporate Return payments, were up a 
combined $11.4 million. 
Motor Fuel Taxes: Motor Fuel Tax collections during the month totaled $146.2 million, for an increase of $2.7 million, or 1.9 percent, compared to December 2016. 
Motor Vehicle Tag & Title Fees: Motor Vehicle Tag & Title Fee collections for December increased by $1 million, or 3.8 percent, over last year. Title Ad Valorem Tax (TAVT) collections totaled $70.1 million, for a decrease of $9.8 million, or -12.3 
 
 percent, compared to December 2016, when TAVT collections totaled approximately $80 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 
 
December 2017 
 
December 2016 
 
$ 
 
1,260,372 $ 
 
1,114,395 
 
$ 
 
185,726 $ 
 
163,473 
 
$ Change 
 
$ 
 
145,978 
 
$ 
 
22,253 
 
Sales and Use Tax - General: 
 
Sales and Use Tax - Gross (Note 2b) 
 
$ 
 
Local Distribution (Note 1) 
 
$ 
 
Adjustments \ Refunds 
 
$ 
 
Net Sales and Use Tax - General 
 
$ 
 
946,468 $ (448,061) $ 
(2,562) $ 495,845 $ 
 
873,947 $ (401,764) $ 
(6,430) $ 465,753 $ 
 
72,522 (46,297) 
3,868 30,092 
 
Motor Fuel Taxes (Note 2a) Tobacco Taxes Alcoholic Beverages Tax Property Tax 
 
$ 
 
146,245 $ 
 
143,524 $ 
 
2,720 
 
$ 
 
19,288 $ 
 
18,794 $ 
 
494 
 
$ 
 
17,008 $ 
 
16,493 $ 
 
514 
 
$ 
 
8$ 
 
65 $ 
 
(57) 
 
Motor Vehicle Revenues: Highway Impact Fees Tag, Title and Fees Title Ad Valorem Tax 
Motor Vehicle Subtotal 
 
$ 
 
832 $ 
 
858 $ 
 
(25) 
 
$ 
 
28,173 $ 
 
27,153 $ 
 
1,020 
 
$ 
 
70,147 $ 
 
79,963 $ 
 
(9,816) 
 
$ 
 
99,152 $ 
 
107,973 $ 
 
(8,821) 
 
Total Net Taxes - Subtotal 
 
$ 
 
Interest, Fees and Sales: 
 
Hotel \ Motel Fees 
 
$ 
 
Other Interest, Fees & Sales (Note 3) 
 
$ 
 
2,223,643 $ 
13,569 $ 27,735 $ 
 
2,030,470 $ 
 
193,173 
 
13,074 $ 15,296 $ 
 
495 12,439 
 
Total State General Fund Receipts 
 
$ 
 
2,264,947 $ 
 
2,058,839 $ 
 
206,107 
 
% Change 
13.1% 13.6% 
8.3% -11.5% 60.2% 
6.5% 1.9% 2.6% 3.1% -87.7% 
-3.0% 3.8% -12.3% -8.2% 
9.5% 
3.8% 81.3% 
10.0% 
 
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 
 
$ 
 
5,888,700 
 
$ 
 
441,278 
 
FY 2017 
 
$ 
 
5,569,321 
 
$ 
 
412,053 
 
$ Change % Change 
 
$ 
 
319,379 
 
$ 
 
29,225 
 
5.7% 7.1% 
 
$ 
 
5,632,017 $ 
 
5,308,853 $ 
 
323,163 
 
$ 
 
(2,702,499) $ 
 
(2,450,976) $ (251,523) 
 
$ 
 
(34,841) $ 
 
(45,386) $ 
 
10,545 
 
$ 
 
2,894,677 $ 
 
2,812,491 $ 
 
82,185 
 
$ 
 
904,996 $ 
 
882,756 $ 
 
22,240 
 
$ 
 
115,045 $ 
 
112,833 $ 
 
2,211 
 
$ 
 
98,654 $ 
 
97,573 $ 
 
1,080 
 
$ 
 
1,299 $ 
 
1,210 $ 
 
90 
 
$ 
 
4,319 $ 
 
5,114 $ 
 
(795) 
 
$ 
 
184,141 $ 
 
169,673 $ 
 
14,468 
 
$ 
 
470,105 $ 
 
512,511 $ 
 
(42,407) 
 
$ 
 
658,564 $ 
 
687,298 $ 
 
(28,734) 
 
$ 
 
11,003,212 $ 
 
10,575,536 $ 427,676 
 
6.1% -10.3% 23.2% 
2.9% 
2.5% 2.0% 1.1% 7.4% 
-15.5% 8.5% -8.3% -4.2% 
4.0% 
 
$ 
 
88,812 $ 
 
87,597 $ 
 
1,216 
 
$ 
 
209,563 $ 
 
193,723 $ 
 
15,840 
 
$ 
 
11,301,588 $ 
 
10,856,856 $ 444,732 
 
1.4% 8.2% 
4.1% 
 
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.