OA50

*For Immediate Release                                                                                              Contact:  Dan Haug*

*May 4, 2023                                                                                                                         573-751-2345*

*State Releases April 2023 General Revenue Report*

*JEFFERSON CITY, Mo.* - State Budget Director Dan Haug announced today that net general revenue collections for April 2023 declined (14.2) percent compared to those for April 2022, from $1.34 billion last year to $1.15 billion this year.

Net general revenue collections for 2023 fiscal year-to-date increased 8.2 percent compared to April 2022, from $9.63 billion last year to $10.42 billion this year.

*GROSS COLLECTIONS BY TAX TYPE*

*_Individual income tax collections_*


* Increased 7.8 percent for the year, from $7.39 billion last year to $7.96 billion this year.
* Decreased 10.2 percent for the month.

*_Sales and use tax collections_*


* Increased 6.8 percent for the year, from $2.27 billion last year to $2.42 billion this year.
* Decreased 3.4 percent for the month. 

*_Corporate income and corporate franchise tax collections_*


* Increased 19.0 percent for the year, from $668.1 million last year to $795.2 million this year.
* Increased 7.2 percent for the month.

*_All other collections_*


* Increased 37.8 percent for the year, from $460.5 million last year to $634.6 million this year.
* Increased 19.4 percent for the month.

*_Refunds_*


* Increased 20.8 percent for the year, from $1.16 billion last year to $1.40 billion this year.
* Increased 34.0 percent for the month.

"The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors."

###


* April 2023 (FY 23).xlsx [ [link removed] ]

  Missouri Department of Administrative Services [ [link removed] ]
STAY CONNECTED: Follow us on Twitter [ [link removed] ] Find us on Facebook [ [link removed] ] Sign up for email updates [ [link removed] ] Follow us on YouTube [ [link removed] ]

Bookmark and Share [ [link removed] ]




SUBSCRIBER SERVICES:



Preferences [ [link removed] ]    |   Help [ [link removed] ]
Unsubscribe [ [link removed] ]  |  Contact Us [ [link removed] ]



 

________________________________________________________________________

This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Missouri Office of Administration · 301 West High Street · Jefferson City, MO 65101 GovDelivery logo [ [link removed] ]