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Net General Revenue Continues Trending Up Despite Some Decreases

Net General Revenue Continues Trending Up Despite Some Decreases
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State Budget Director Says Net General Revenue In Missouri Up Compared To Last Year

State Budget Director Says Net General Revenue In Missouri Up Compared To Last Year
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Missouri Releases November 2022 General Revenue ReportOzark Radio News

JEFFERSON CITY, Mo. - Missouri State Budget Director Dan Haug announced on Monday, December 5, 2022 that net general revenue collections for November 2022 grew 4.8 percent compared to those for November 2021, from $965.5 million last year to $1.01 billion this year. Net general revenue collections for 2023 fiscal year-to-date increased 14.5 percent compared to November 2021, from $4.50 billion last year to $5.15 billion this year. GROSS COLLECTIONS BY TAX TYPE Individual income tax collections Increased 13.5 percent for the year, from $3.22 billion last year to $3.66 billion this year. Increased 8.0 percent for the month. Sales and use tax collections Increased 6.9 percent for the year, from $1.18 billion last year to $1.26 billion this year. Increased 1.9 percent for the month. Corporate income tax collections Increased 22.2 percent for the year, from $258.0 million last year to $315.4 million this year. Decreased 23.8 percent for the month. All other collections Increased 37.8 percen

Missouri 3% August revenue dip attributed to 2020 tax-filing extensions

Missouri 3% August revenue dip attributed to 2020 tax-filing extensions
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Missouri 3% August revenue dip attributed to 2020 tax-filing extensions

Missouri 3% August revenue dip attributed to 2020 tax-filing extensions
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