For immediate release April 6, 2018 
 
Office of Communications (404) 651-7774 
 
Deal: March tax revenues down -0.5 percent 
 
Gov. Nathan Deal today announced that Georgia's net tax collections for March totaled nearly $1.56 billion, for a decrease of $8.2 million, or -0.5 percent, compared to last year when net tax collections totaled almost $1.57 billion. Year-to-date, net tax collections totaled $16.66 billion, for an increase of $860.6 million, or 5.4 percent, compared to March 2017, when net tax revenues totaled $15.8 billion nine months into the fiscal year. 
 
The changes within the following tax categories contributed to the overall net tax revenue decrease in March: 
 
Individual Income Tax: Individual Income Tax collections for March totaled $709.8 million, for a decrease of $23.8 million, or -3.2 percent, compared to last year when Income Tax collections totaled almost $733.7 million. 
 
The following notable components within Individual Income Tax combine for the net decrease: 
 Individual Income Tax refunds issued (net of voided checks) were down $2 million, or -0.3 percent. 
 Individual Withholding payments were down $5.5 million, or -0.5 percent. 
 Individual Income Tax Return payments were up roughly $6.2 million, or 12.5 percent. 
 
  All other Individual Tax categories, including Non-Resident tax payments, were down a combined $26.5 million. 
Sales and Use Tax: Gross Sales and Use Tax collections totaled $887.2 million, an increase of $61.1 million, or 7.4 percent, over last year. Net Sales and Use Tax totaled almost $451 million, for an increase of $15.8 million, or 3.6 percent, over March 2017. The adjusted distribution of sales tax to local governments totaled $425.2 million, for an increase of nearly $44 million, or 11.5 percent, over last year. Finally, sales tax refunds increased by $1.3 million, or 13.5 percent, to a total of $11 million. 
Corporate Income Tax: Corporate Income Tax collections for March decreased by roughly $15.5 million, or -16 percent, compared to March 2017, when Corporate Tax collections totaled $96.9 million. 
The following notable components within Corporate Income Tax make up the net decrease:  Corporate Income Tax refunds issued (net of voided checks) were down $20.7 million, or -57.5 
percent.  Corporate Income Tax payments were down approximately $14.6 million, or -31 percent.  All other Corporate Tax categories, including Corporate Estimated payments, were down $21.6 
million. 
Motor Fuel Taxes: Motor Fuel Tax collections during the month totaled $136.5 million, for an increase of nearly $4.7 million, or 3.5 percent, compared to March 2017. 
Motor Vehicle Tag & Title Fees: Motor Vehicle Tag & Title Fees for the month totaled $37.9 million, for an increase of $6.3 million, or 20 percent, over last year. Title Ad Valorem Tax (TAVT) collections decreased by roughly $13.6 million, or -17.9 percent, compared to March 2017, when TAVT collections totaled nearly $76.3 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 
 
March 2018 
 
March 2017 
 
$ 
 
709,835 $ 
 
733,675 
 
$ 
 
81,355 $ 
 
96,894 
 
$ Change 
 
$ 
 
(23,841) 
 
$ 
 
(15,539) 
 
Sales and Use Tax - General: 
 
Sales and Use Tax - Gross (Note 2b) 
 
$ 
 
Local Distribution (Note 1) 
 
$ 
 
Adjustments \ Refunds 
 
$ 
 
Net Sales and Use Tax - General 
 
$ 
 
887,206 $ (425,199) $ 
(11,024) $ 450,983 $ 
 
826,073 $ (381,212) $ 
(9,709) $ 435,151 $ 
 
61,133 (43,986) 
(1,314) 15,832 
 
Motor Fuel Taxes (Note 2a) Tobacco Taxes Alcoholic Beverages Tax Property Tax 
 
$ 
 
136,518 $ 
 
131,860 $ 
 
4,658 
 
$ 
 
16,043 $ 
 
15,373 $ 
 
669 
 
$ 
 
14,131 $ 
 
14,482 $ 
 
(351) 
 
$ 
 
(5) $ 
 
(8) $ 
 
3 
 
Motor Vehicle Revenues: Highway Impact Fees Tag, Title and Fees Title Ad Valorem Tax 
Motor Vehicle Subtotal 
 
$ 
 
2,249 $ 
 
2,850 $ 
 
(601) 
 
$ 
 
37,922 $ 
 
31,606 $ 
 
6,317 
 
$ 
 
62,611 $ 
 
76,260 $ 
 
(13,649) 
 
$ 
 
102,782 $ 
 
110,716 $ 
 
(7,934) 
 
Total Net Taxes - Subtotal 
 
$ 
 
Interest, Fees and Sales: 
 
Hotel \ Motel Fees 
 
$ 
 
Other Interest, Fees & Sales (Note 3) 
 
$ 
 
1,511,642 $ 
13,160 $ 33,509 $ 
 
1,538,144 $ 
 
(26,503) 
 
13,080 $ 15,248 $ 
 
81 18,261 
 
Total State General Fund Receipts 
 
$ 
 
1,558,311 $ 
 
1,566,472 $ 
 
(8,161) 
 
% Change 
-3.2% -16.0% 
7.4% -11.5% -13.5% 
3.6% 3.5% 4.4% -2.4% 37.8% 
-21.1% 20.0% -17.9% -7.2% 
-1.7% 
0.6% 119.8% 
-0.5% 
 
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 
 
$ 
 
8,683,111 
 
$ 
 
541,684 
 
FY 2017 
 
$ 
 
8,020,621 
 
$ 
 
516,334 
 
$ Change % Change 
 
$ 
 
662,490 
 
$ 
 
25,350 
 
8.3% 4.9% 
 
$ 
 
8,547,676 $ 
 
8,009,020 $ 
 
538,657 
 
$ 
 
(4,099,879) $ 
 
(3,699,469) $ (400,410) 
 
$ 
 
(55,266) $ 
 
(72,272) $ 
 
17,006 
 
$ 
 
4,392,531 $ 
 
4,237,278 $ 
 
155,253 
 
$ 
 
1,330,216 $ 
 
1,297,858 $ 
 
32,358 
 
$ 
 
166,292 $ 
 
164,610 $ 
 
1,682 
 
$ 
 
144,576 $ 
 
144,038 $ 
 
538 
 
$ 
 
1,347 $ 
 
1,289 $ 
 
58 
 
$ 
 
11,791 $ 
 
11,602 $ 
 
188 
 
$ 
 
295,297 $ 
 
276,259 $ 
 
19,038 
 
$ 
 
690,411 $ 
 
748,239 $ 
 
(57,828) 
 
$ 
 
997,498 $ 
 
1,036,100 $ 
 
(38,601) 
 
$ 
 
16,257,255 $ 
 
15,418,127 $ 839,128 
 
6.7% -10.8% 23.5% 
3.7% 
2.5% 1.0% 0.4% 4.5% 
1.6% 6.9% -7.7% -3.7% 
5.4% 
 
$ 
 
127,351 $ 
 
125,469 $ 
 
1,882 
 
$ 
 
275,259 $ 
 
255,678 $ 
 
19,581 
 
$ 
 
16,659,866 $ 
 
15,799,275 $ 860,591 
 
1.5% 7.7% 
5.4% 
 
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.