State revenues increase in December

 Georgia’s net tax collections in the month of December totaled almost $3.34 billion, for an increase of $291.4 million, or 9.6%, compared to December 2023, when net tax collections approached $3.05 billion for the month.  

Year-to-date, net collections increased by $283.1 million, or 1.8%, an increase that was boosted by the collection of the state’s motor fuel excise tax, which was suspended by Gov. Kemp for a two and a half month stretch of FY 2024. 

Net of motor fuel tax changes, revenue collections for the six-month period ending Dec. 31 totaled roughly $16.3 million, for a decrease of one percent from this time a year ago.