Georgia tax revenue up 5.9% through June - Fox 2 News Headlines

Georgia tax revenue up 5.9% through June

ATLANTA (AP) - Georgia Gov. Nathan Deal says the state's tax revenue through the month of June totaled $17 billion, up 5.9% - or nearly $951 million - from the same point in 2012.

Deal said Monday that Georgia's increase in net tax revenue could be attributed to growth in several categories.

Deal says the state collected about $791.5 million in individual income taxes in June, a $10.5 million increase from June of 2012.

The state also collected $156.75 million in corporate income taxes, which is up by $2.75 million from June of 2012.

Deal says the state collected $87 million in motor vehicle fees, which is $58 million higher than last year. The increase is attributed to the newly-established tax that replaced the state's auto sales tax on new car purchases.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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