07/08/2024 | Press release | Distributed by Public on 07/08/2024 19:02
Jefferson City, Mo. - State Budget Director Dan Haug announced today that 2025 fiscal year-to-date net general revenue collections decreased 7.3 percent compared to July 2023, from $898.7 million last year to $833.5 million this year.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
Pass Through Entity tax collections
Sales and use tax collections
Corporate income and corporate franchise tax collections
All other collections
Refunds
Pass-Through Entity tax collections were previously reported within Individual Income, which makes growth in Individual Income tax collections appear artificially low.
The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors.