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State Revenues Down Last Month

State revenues were down last month.
Net tax collections in Georgia for the month of October were down nearly 6%. They totaled $2.6 billion, a decrease of more than $84 million or a 3 percent drop from October 2022. The suspension of the state gas tax in September accounted for some $70 million of that decline. Excluding fuel tax revenues, all other October net tax collections fell by 5.7 percent compared to last year.

Individual income tax collections were down, but sales and use tax and, corporate income tax collections increased.
Total revenue collections were up 4 percent on a fiscal year-to-date basis.

Alexia Ridley joined WUGA as Television and Radio News Anchor and Reporter in 2013. When WUGA TV concluded operations, she became the primary Reporter for WUGA Radio. Alexia came to Athens from Macon where she served as the News Director and show host for WGXA TV. She's a career journalist and Savannah native hailing from the University of Michigan. However, Alexia considers herself an honorary UGA DAWG!