Georgia’s net tax collections in January totaled slightly more than $3.05 billion, for an increase of roughly $2 million, or 0.1%, compared to January 2024, when net tax collections totaled just shy of $3.05 billion for the month.
Year-to-date, net tax revenue collections totaled nearly $19.41 billion, for an increase of $285.1 million that was driven chiefly by the collection of the state’s motor fuel excise tax, which was suspended by Executive Order for a two-and-a-half-month period of FY 2024.
Adjusting for the motor fuel tax changes, year-to-date net revenue for the period ending Jan. 31 was down $173.1 million or 0.9%.