OA50

*For Immediate Release                                                                                              Contact:  Dan Haug*

*October 5, 2023                                                                                                                  573-751-2345*

*State Releases September 2023 General Revenue Report*

*JEFFERSON CITY, Mo.* - State Budget Director Dan Haug announced today that net general revenue collections for September 2023 declined 4.2 percent compared to those for September 2022, from $1.26 billion last year to $1.21 billion this year.

Net general revenue collections for 2024 fiscal year-to-date decreased 2.9 percent compared to September 2022, from $3.24 billion last year to $3.14 billion this year.

*GROSS COLLECTIONS BY TAX TYPE*

*_Individual income tax collections_*


* Decreased 8.8 percent for the year, from $2.18 billion last year to $1.99 billion this year.
* Decreased 6.3 percent for the month.

*_Sales and use tax collections_*


* Increased 15.4 percent for the year, from $768.0 million last year to $886.2 million this year.
* Increased 11.1 percent for the month. 

*_Corporate income and corporate franchise tax collections_*


* Decreased 8.9 percent for the year, from $259.7 million last year to $236.7 million this year.
* Decreased 7.3 percent for the month.

*_All other collections_*


* Increased 14.8 percent for the year, from $192.0 million last year to $220.4 million this year.
* Decreased 1.7 percent for the month.

*_Refunds_*


* Increased 14.9 percent for the year, from $166.3 million last year to $191.0 million this year.
* Increased 28.8 percent for the month.

"The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors."

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* September 2023 (FY 24) GR.xlsx [ [link removed] ]

  Missouri Department of Administrative Services [ [link removed] ]
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