State Releases February 2018 General Revenue Report

By |2018-03-05T11:45:03-06:00March 5, 2018 6:43 am|State Headlines|0 Comments

JEFFERSON CITY, MO (KDKZ-TV) State Budget Director Dan Haug announced that 2018 fiscal year-to-date net general revenue collections increased 4.4 percent compared to 2017, from $5.71 billion last year to $5.97 billion this year.

Net general revenue collections for February 2018 decreased 21.5 percent compared to those for February 2017, from $606.3 million last year to $475.7 million this year.

GROSS COLLECTIONS BY TAX TYPE

Individual income tax collections

  • Increased 6.1 percent for the year, from $4.45 billion last year to $4.72 billion this year.
  • Decreased 3.5 percent for the month.

Sales and use tax collections

  • Increased 2.2 percent for the year from $1.43 billion last year to $1.46 billion this year.
  • Decreased 0.7 percent for the month.

Corporate income and corporate franchise tax collections

  • Increased 21.0 percent for the year, from $203.5 million last year to $246.2 million this year.
  • Decreased 45.9 percent for the month.

All other collections

  • Decreased 0.5 percent for the year, from $266.1 million last year to $264.8 million this year.
  • Decreased 61.4 percent for the month.

Refunds

  • Increased 14.6 percent for the year, from $634.3 million last year to $726.7 million this year.
  • Increased 42.8 percent for the month.
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I joined News Channel 18 in May 2011 in the weather department as Chief Meteorologist. In January 2013, I assumed the roll of News Director. I started my career in 2003 in high school. I attended Farmington High School. While there, I was a student in Black Knight Television (BKTV), doing anything from camera work, to editing, producing and anchoring the weather. I attended Mineral Area College, University of Missouri – Columbia, Mississippi State University and Webster University. While attending college, I continued to help out with BKTV. In 2009, I interned at KOMU-TV, Columbia, Missouri’s NBC affiliate. I enjoy spending time with my wife, Danica and our daughters , Declynn and Danleigh. I can’t forget about our dog, Daisy. We rescued her in 2011. We also have a cat named Dolly. I am committed to giving you the most accurate information, whether it’s from my latest weather forecast, or a news story that could touch your heart. Contact me if you have any questions or a news idea.

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