GEORGIA – February Net Tax Revenues Up 5.5 Percent Statewide

The State of Georgia’s net tax collections for February totaled almost $1.3 billion, for an increase of $67.6 million — or 5.5 percent — compared to February 2018, when net tax collections totaled roughly $1.23 billion, according to a press release from the governor’s office. Year-to-date, net tax collections totaled $15.37 billion for an increase of $270.5 million — or 1.8 percent — compared to the previous fiscal year when net tax revenues totaled $15.10 billion after eight months.The changes within the following tax categories further explain February’s overall net tax revenue increase.