GA Reports Slight Tax Gain Year-Over-Year

Georgia’s net tax collections recently saw about a 0.2 percent increase year-over-year, totaling about $2.71 billion, Gov. Brian Kemp announced Thursday.

October's collections were up $6.7 million compared to a year ago, according to his office.

Year-to-date net tax revenue collections were $11.13 billion, a $247 million (2.3 percent) uptick from last year.

The October increase came from gains in sales and use tax collections and corporate income tax, even as the state posted declines in individual income tax, motor fuel taxes and some vehicle-related fees, according to Kemp's office.

Here's the tax breakdown, per Kemp's office:

• Gross sales and use tax collections neared $1.74 billion for the month, up $135.3 million, or 8.5 percent, over Fiscal Year 2026.
• Net sales and use tax has grown by $52.7 million, or 6.7 percent since last year.
• The adjusted sales tax distribution to local governments totaled $883.3 million in October, a 10.8 percent spike from last year.
• Sales tax refunds decreased by $3.5 million compared with Fiscal Year 2026.
• Individual income tax collections totaled $1.22 billion, down from nearly $1.34 billion in Fiscal Year 2026, for a decrease of $115.1 million, or 8.6 percent.
• Corporate income tax collections for the month increased by $29.7 million, or 48.7 percent, compared with October 2025.
• Motor fuel tax collections for October fell by $8.3 million, or 4.3 percent, compared with last year.

This article was compiled with use of artificial intelligence, and was reviewed and edited by Patch.