Ga. revenues in February total nearly $838 million - FOX 35 News Orlando

Ga. revenues in February total nearly $838 million

Posted: Updated:

ATLANTA (AP) - A report shows Georgia's revenues were nearly $838 million in February, an increase of 5.3 percent over the same month a year ago.

The office of Gov. Nathan Deal said Thursday that both individual income and corporate tax collections were up. Meanwhile, overall year-to-date tax collections total $11.7 billion. That's an increase of $560.5 million, or 5 percent, compared to the same point last year.

Deal's office says tax reforms including the elimination of the auto sales tax and a reduction in the sales tax on energy used in manufacturing have had a significant effect on Georgia's tax structure. The changes are influencing current month and year-to-date revenue collections.

Officials say gross sales tax collections were down because of legislation replacing the auto sales tax with a one-time title tax.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

35 Skyline Drive
Lake Mary, FL 32746

Phone: (407) 644-3535
News Tips: (866) 55-FOX35

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices