State of OFFICE OF ADMINISTRATION Post Office Box 809 Jefferson City, Missouri 65102 Phone: (573) 751-1851 Michael L. Parson Sarah H. Steelman FAX: (573) 751-1212 Governor Commissioner NEWS RELEASE For Immediate Release Contact: Dan Haug December 6, 2018 573-751-2345 State Releases November 2018 General Revenue Report Budget Director Dan Haug announced today net general revenue collections for November 2018 decreased 9.1 percent compared to those for November 2017, from $743.8 million last year to $676.5 million this year. Net general revenue collections for 2018 fiscal year-to-date decreased 4.9 percent compared to November 2017, from $3.62 billion last year to $3.44 billion this year. GROSS COLLECTIONS BY TAX TYPE Individual income tax collections Decreased 4.3 percent for the year, from $2.69 billion last year to $2.57 billion this year. Decreased 7.1 percent for the month. and use tax collections Increased 2.5 percent for the year, from $888.3 million last year to $910.7 million this year. Decreased 5.0 percent for the month. Corporate income and corporate franchise tax collections Increased 5.3 percent for the year, from $137.8 million last year to $145.2 million this year. Increased 53.0 percent for the month. All other collections Decreased 14.3 percent for the year, from $167.5 million last year to $143.6 million this year. Decreased 60.4 percent for the month. Refunds Increased 26.5 percent for the year, from $257.9 million last year to $326.2 million this year. Decreased 1.4 percent for the The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors. ###
Michael L. Parson Governor State of OFFICE OF ADMINISTRATION Post Office Box 809 Jefferson City, Missouri 65102 Phone: (573) 751-1851 FAX: (573) 751-1212 Sarah H. Steelman Commissioner NEWS RELEASE For Immediate Release Contact: Dan Haug December 6, 2018 573-751-2345 State Releases November 2018 General Revenue Report Budget Director Dan Haug announced today net general revenue collections for November 2018 decreased 9.1 percent compared to those for November 2017, from $743.8 million last year to $676.5 million this year. Net general revenue collections for 2018 fiscal year-to-date decreased 4.9 percent compared to November 2017, from $3.62 billion last year to $3.44 billion this year. GROSS COLLECTIONS BY TAX TYPE Individual income tax collections Decreased 4.3 percent for the year, from $2.69 billion last year to $2.57 billion this year. Decreased 7.1 percent for the month. and use tax collections Increased 2.5 percent for the year, from $888.3 million last year to $910.7 million this year. Decreased 5.0 percent for the month. Corporate income and corporate franchise tax collections Increased 5.3 percent for the year, from $137.8 million last year to $145.2 million this year. Increased 53.0 percent for the month. All other collections Decreased 14.3 percent for the year, from $167.5 million last year to $143.6 million this year. Decreased 60.4 percent for the month. Refunds Increased 26.5 percent for the year, from $257.9 million last year to $326.2 million this year. Decreased 1.4 percent for the The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors. ###
2018_11_GR_press_release.docx