Missouri Office of Administration
*For Immediate Release Contact: Dan Haug*
*August 3, 2022 573-751-2345*
*State Releases July 2022 General Revenue Report*
*Jefferson City, MO* - State Budget Director Dan Haug announced today that 2023 fiscal year-to-date net general revenue collections increased 38.3 percent compared to July 2021, from $701.3 million last year to $970.3 million this year.
*GROSS COLLECTIONS BY TAX TYPE*
*_Individual income tax collections_*
* Increased 42.3 percent for the year, from $480.5 million last year to $684.0 million this year.
*_Sales and use tax collections_*
* Increased 16.9 percent for the year, from $212.5 million last year to $248.5 million this year.
*_Corporate income and corporate franchise tax collections_*
* Increased 12.1 percent for the year, from $46.0 million last year to $51.5 million this year.
*_All other collections_*
* Increased 96.1 percent for the year, from $19.5 million last year to $38.3 million this year.
*_Refunds_*
* Decreased 9.0 percent for the year, from $57.2 million last year to $52.0 million this year.
"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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* PR 2022-07.xlsx [ [link removed] ]
Missouri Department of Administrative Services [ [link removed] ]
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