On Monday, State Budget Director Linda Luebbering announced that 2011 fiscal year-to-date net general revenue collections increased 6.5 percent compared to 2010, from $4.68 billion last year to $4.98 billion this year.
Net general revenue collections for March 2011 increased by 9.2 percent compared to those for March 2010, from $461.7 million to $504.3 million.
Gross Collections By Tax Type:
Individual income tax collections -
Increased 3.3 percent for the year, from $3.76 billion last year to $3.88 billion this year.
Increased 6.0 percent for the month.
Sales and use tax collections
Increased 0.7 percent for the year from $1.34 billion last year to $1.35 billion this year.
Decreased 5.7 percent for the month.
Corporate income and corporate franchise tax collections
Increased 8.2 percent for the year, from $306.0 million last year to $331.1 million this year.
Increased 8.4 percent for the month.
All other collections
Increased 16.5 percent for the year, from $328.5 million last year to $382.5 million this year.
Increased 11.6 percent for the month.
Refunds
Decreased 8.6 percent for the year, from $1.05 billion last year to $956.7 million this year.
Decreased 4.7 percent for the month.
