Georgia reports modest rise in August net tax revenues

Governor Brian Kemp (2022-2026) - GOVERNOR BRIAN P. KEMP OFFICE of the GOVERNOR
Governor Brian Kemp (2022-2026) - GOVERNOR BRIAN P. KEMP OFFICE of the GOVERNOR
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The State of Georgia reported net tax collections of $2.41 billion for August 2025, marking a 3.2 percent increase from the same month last year when collections reached nearly $2.34 billion. For the fiscal year to date, total net tax revenue stands at $4.91 billion, which is a slight rise of $4 million, or 0.1 percent, compared to the previous year’s figure after two months.

Within individual income taxes, collections totaled almost $1.16 billion in August, up by $20.2 million or 1.8 percent from August of the prior fiscal year. The state noted several factors contributing to this increase: “Individual Income Tax refunds issued (net of voided checks) decreased by $7 million or -9.7 percent,” “Income Tax Withholding payments for the month increased by $9.3 million, or 0.8 percent, over August 2024,” and “Individual Income Tax Return payments increased by $4.7 million, or 14.1 percent, compared to FY 2025.” Other categories within individual income tax saw a combined decrease of $0.8 million.

Sales and use tax also saw growth in August with gross collections reaching $1.66 billion—an increase of $83.3 million or 5.3 percent over last year’s numbers—and net sales and use tax rising by $62.2 million or 8.2 percent compared to August 2024 when net sales tax revenue was recorded at $759.6 million.

Local governments received an adjusted distribution totaling $830 million from sales taxes in August—an increase of $18.2 million or 2.2 percent over the previous fiscal year—while sales tax refunds rose by $2.9 million from last year.

Corporate income tax collections fell during the month to a total of $39.8 million—a decrease of $4.5 million from last year’s level of $44.3 million—with changes attributed as follows: “Corporate Income Tax refunds issued (net of voids) were down $9.1 million or -33.6 percent from FY 2025,” “Corporate Income Tax Estimated payments decreased by $7.5 million, or -24.9 percent, from August 2024,” and “All other Corporate Tax payments, including Corporate Return payments, were down a combined $6.1 million.”

Motor fuel taxes brought in an additional increase with collections up by $6.3 million (or 3.2 percent) compared to the previous fiscal year when motor fuel excise taxes stood at approximately $193 million for the month.

In contrast, motor vehicle tag and title fee revenues dropped by $4 .7 million (13 .5 percent), while Title ad Valorem Tax (TAVT) receipts declined by $2 .4 million (3 .2 percent) relative to last year’s total of $74 .5 million.



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