OA50
*For Immediate Release Contact: Dan Haug*
*August 3, 2023 573-751-2345*
*State Releases July 2023 General Revenue Report*
*JEFFERSON CITY, Mo.* - State Budget Director Dan Haug announced today that 2024 fiscal year-to-date net general revenue collections decreased 7.4 percent compared to July 2022, from $970.3 million last year to $898.7 million this year.
*GROSS COLLECTIONS BY TAX TYPE*
*_Individual income tax collections_*
* Decreased 19.5 percent for the year, from $684.0 million last year to $550.8 million this year.
*_Sales and use tax collections_*
* Increased 37.3 percent for the year, from $248.5 million last year to $341.2 million this year.
*_Corporate income and corporate franchise tax collections_*
* Decreased 17.6 percent for the year, from $51.5 million last year to $42.5 million this year.
*_All other collections_*
* Increased 40.2 percent for the year, from $38.3 million last year to $53.7 million this year.
*_Refunds_*
* Increased 72.1 percent for the year, from $52.0 million last year to $89.6 million this year.
"The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors."
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* July 2023 (FY 24) GR.xlsx [ [link removed] ]
Missouri Department of Administrative Services [ [link removed] ]
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