Missouri Office of Administration
*For Immediate Release Contact: Dan Haug*
*January 7, 2021 573-751-2345*
*State Releases December 2020 General Revenue Report*
*JEFFERSON CITY, MO* - State Budget Director Dan Haug announced today that net general revenue collections for December 2020 increased 6.3 percent compared to those for December 2019, from $851.0 million last year to $904.3 million this year.
Net general revenue collections for 2021 fiscal year-to-date increased 20.1 percent compared to December 2019, from $4.53 billion last year to $5.44 billion this year.
*GROSS COLLECTIONS BY TAX TYPE*
*Individual income tax collections*
* Increased 23.2 percent for the year, from $3.26 billion last year to $4.02 billion this year.
* Increased 2.1 percent for the month.
*Sales and use tax collections*
* Increased 3.6 percent for the year, from $1.14 billion last year to $1.19 billion this year.
* Increased 5.9 percent for the month.
*Corporate income and corporate franchise tax collections*
* Increased 36.0 percent for the year, from $269.6 million last year to $366.7 million this year.
* Decreased 18.9 percent for the month.
*All other collections*
* Increased 15.8 percent for the year, from $222.7 million last year to $258.0 million this year.
* Decreased 1.0 percent for the month.
*Refunds*
* Increased 5.9 percent for the year, from $367.4 million last year to $389.2 million this year.
* Decreased 53.5 percent for the month.
###
* PR 2020-12.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] ]
