Georgia Net Tax Collections Rise $60.3 Million in September

ATLANTA, Ga. — The State of Georgia’s net tax collections rose by $60.3 million in September, marking a 1.9% year-over-year increase, according to new data released by the Georgia Department of Revenue. The state collected a total of $3.27 billion for the month, up from $3.21 billion during the same period last fiscal year.

Income and Corporate Taxes Lead Growth

The largest gains came from Individual Income Tax and Corporate Income Tax collections.

• Individual Income Tax revenue totaled $1.49 billion, a 3.2% increase from the previous year. The rise was driven by higher withholding payments and estimated tax payments, as well as a notable reduction in refunds issued.
  • Refunds dropped by $14.8 million (a 16.2% decline).
  • Withholding payments increased by $19.9 million (up 1.7%).
  • Estimated payments rose $9 million (up 5%).

Corporate Income Tax collections also posted a strong performance, rising $45.2 million (7.6%) compared to last year. This gain was supported by a significant drop in corporate refunds, down $18.8 million, along with higher estimated and return payments.

Sales Tax Revenue Declines Despite Higher Gross Collections

While Gross Sales and Use Tax collections reached $1.59 billion — up 2.9% from last year — net revenues fell $26.7 million, or 3.5%, as the state issued $65 million more in refunds than the prior year.
Local governments received $780.2 million in adjusted distributions, up slightly by 0.8%, while retail activity remained steady across major metro areas.

Motor Fuel and Vehicle Taxes Mixed

Motor Fuel Tax collections climbed 1.8% to $203.7 million, an increase of $3.6 million year-over-year, suggesting consistent travel demand and fuel consumption.
In contrast, Motor Vehicle Tag and Title Fees grew 20.8%, adding $6.5 million, while Title Ad Valorem Tax (TAVT) collections dropped 8.5%, or $6.7 million.

Year-to-Date Revenue Up $64.5 Million

So far in fiscal year 2025, Georgia’s year-to-date net tax revenue totals $8.17 billion, up $64.5 million (0.8%) compared to the same period in 2024.
State officials said the modest but steady growth reflects a resilient Georgia economy despite national inflationary pressures and fluctuating consumer spending trends.

The Saluda Standard-Sentinel invites readers to share their insights on Georgia’s economic outlook and how state tax trends are affecting local communities. Visit SaludaStandard-Sentinel.com to join the discussion.

(Original source: Valdosta Today)