09/05/2024 | Press release | Distributed by Public on 09/05/2024 14:18
Jefferson City, Mo. - State Budget Director Dan Haug announced today that net general revenue collections for August 2024 declined 9.3 percent compared to those for August 2023, from $1.04 billion last year to $942.7 million this year.
Net general revenue collections for 2025 fiscal year-to-date declined 8.3 percent compared to August 2023, from $1.94 billion last year to $1.78 billion 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.