The State of Georgia reported that its net tax collections for December reached $3.44 billion, reflecting an increase of nearly $101 million, or 3%, compared to December 2024 when the total was almost $3.34 billion. For the fiscal year to date through December, net tax revenue collections amounted to nearly $16.72 billion, which is a rise of $363.7 million or 2.2% over the same period in FY 2025.
Individual Income Tax collections were a significant factor in this growth, totaling $1.6 billion for December, up by $108.7 million or 7.3% from FY 2025’s figure of roughly $1.49 billion for the month.
Within Individual Income Tax:
– Refunds issued (net of voided checks) decreased by $22.4 million or 31.3%.
– Withholding payments increased by $78.6 million or 5.5%.
– Return payments dropped by $8.6 million or 23%.
– All other categories, including estimated payments, saw a combined increase of $16.3 million.
Gross Sales and Use Tax collections stood at $1.61 billion—an increase of $39.3 million or 2.5% from December last year—with net Sales and Use Tax up by $9 million or 1.2%. The adjusted distribution to local governments totaled $814.4 million, rising by $29.6 million or 3.8%, while refunds grew slightly by $0.6 million.
Corporate Income Tax also saw an uptick for the month with collections increasing by $11.9 million (1.7%) compared to last year’s figure of $683.1 million in December.
Notable details include:
– Refunds issued were down by $5.9 million (22.8%).
– Return payments decreased by $11 million (11.9%).
– Estimated payments rose by $6.4 million (1.5%).
– Other corporate tax payments—including assessment payments—increased together by about $10.5 million.
Motor Fuel Taxes collected during December went up by approximately $4.9 million (2.6%) over the previous fiscal year when receipts totaled just under $187 million.
Collections from Motor Vehicle Tag & Title Fees fell during the month—down by about $2.5 million (7%), and Title ad Valorem Tax declined as well with a decrease of around $4 .8million (7%).
The Office of the Governor of Georgia oversees these financial operations as part of its role within state government administration and executive branch leadership (source). The office operates out of Atlanta at both Washington Street and the Governor’s Mansion—a residence that also serves official functions and supports international economic development through overseas representation offices (source).
The Government of Georgia administers laws and delivers public services statewide through its various branches (official website), providing oversight on matters such as licensing, vehicle registration, tax filing, social welfare programs, and regulatory activities across all counties and municipalities in accordance with state law (source).
