ATLANTA — Georgia’s net tax revenue collections in March totaled $2.5 billion.
That’s an increase of $163.3 million, or 7%, over March 2024.
Year-to-date, net tax revenue collections totaled almost $24.04 billion, an increase of $543.1 million.
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The increase was largely due to the collection of the state’s motor fuel excise tax, which was suspended by Executive Order for two and a half months during Fiscal Year 2024.
Individual income tax collections for the month totaled $1.13 billion.
That’s an increase of $131.3 million, or 13.2% compared to last year.
Gross sales and use tax collections during March totaled $1.44 billion, for an increase of $18.2 billion, or 1.3%, from the Fiscal Year 2024.
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