August Net Tax Revenues Up 3.5%

The State of Georgia’s net tax collections for the month of August approached $2.50 billion, for an increase of $85.4 million, or 3.5%, from August 2025 (FY 2026), when net tax collections totaled $2.41 billion.

The changes within the following tax categories account for August’s overall net tax revenue increase:

Individual Income Tax: Individual Income Tax collections for the month approached $1.20 billion, representing an increase of $40 million, or 3.5%, from roughly $1.16 billion in August 2025 (FY 2026).

The following notable components within Individual Income Tax combine for the net increase:

  • Individual Income Tax refunds issued (net of void checks) increased by $4.3 million or 6.7%.
  • Income Tax Withholding payments for August increased by $49.3 million, or 4.4%, from FY 2026.
  • Individual Income Tax Return payments decreased by $3.5 million, or 9.2%, from August 2025.
  • All other Individual Income Tax categories, including estimated payments, were down a combined $1.4 million.

Sales and Use Tax: Gross Sales and Use Tax collections in August totaled roughly $1.79 billion, for an increase of $129 million, or 7.8%, over FY 2026. Net Sales and Use Tax increased $44.6 million, or 5.4%, compared to August 2025, when net Sales Tax revenue totaled nearly $821.8 million. The adjusted Sales Tax distribution to local governments totaled $911.9 million for an increase of $81.9 million, or 9.9%, over last year, while Sales Tax refunds increased by $2.4 million, or 29%, compared to August FY 2026.

Corporate Income Tax: Corporate Income Tax collections for August totaled $18.4 million, a decrease of $21.4 million, or 53.8%, from FY 2026 when net Corporate Tax revenues totaled $39.8 million.

The following notable components within Corporate Income Tax make up the net decrease:

  • Corporate Income Tax refunds issued (net of voids) were up $27.6 million, or 153.2%, over FY 2026.
  • Corporate Income Tax Return payments increased by $1.7 million, or 13.9%, from August 2025 (FY 2026).
  • All other Corporate Income Tax payments, including estimated payments, were up a combined $4.5 million.

Motor Fuel Taxes: Motor Fuel Tax collections for the month decreased by $6.6 million, or 3.3%, from August 2025, when Motor Fuel tax collections totaled $199.5 million.

Motor Vehicle – Tag & Title Fees: Motor Vehicle Tag & Title Fee collections for August increased by $8.3 million, or 27.4%, while Title Ad Valorem Tax (TAVT) collections decreased by $0.8 million, or 1.2%, compared to the previous fiscal year 2026

Financial Comparative Summary – August 2026

State General Fund Receipts 

(unaudited – numbers in thousands)

Monthly State Net Tax Revenues:Month Ended August FY 2027 Month Ended August FY 2026 Change in Dollars Percentage Change
Individual Income Tax$1,198,156  $1,158,132  $40,024 3.5%
Corporate Income Tax$18,384 $39,789 ($21,406)-53.8%
Gross Sales and Use Tax$1,789,171 $1,660,159 $129,012 7.8%
Local Distribution of Sales Tax($911,939)($830,000)($81,939)-9.9%
Adjustments \ Refunds($10,840)($8,403)($2,437)-29.0%
Net Sales and Use Taxes$866,392 $821,755 $44,637 5.4%
Motor Fuel Taxes$192,857 $199,467 ($6,610)-3.3%
Tobacco Taxes$16,411 $18,605 ($2,194)-11.8%
Alcoholic Beverages Tax$18,995 $18,701 $294 1.6%
Property Tax $4 $4 $0 4.4%
Motor Vehicle – Highway Impact Fees$4,411 $3,515 $896 25.5%
Motor Vehicle – Tag, Title and Fees $38,498 $30,207 $8,292 27.4%
Motor Vehicle – Title Ad Valorem Tax $71,278 $72,108 ($830)-1.2%
Motor Vehicle – Taxes and Fees Total$114,188 $105,830 $8,358 7.9%
Subtotal of State Taxes and Fees$2,425,386  $2,362,283  $63,103 2.7%
State Hotel \ Motel Fees$18,590 $18,443 $147 0.8%
Other Interest, Fees & Payments$52,705 $30,525 $22,180 72.7%
Monthly Total of State Revenues$2,496,681  $2,411,251  $85,430  3.5%

Year-to-Date State Net Tax Revenues

(unaudited – numbers in thousands)

Year-to-Date State Net Tax Revenues:Fiscal Year 2027Fiscal Year 2026Change in Dollars Percentage Change
Individual Income Tax$2,438,644 $2,425,726 $12,919 0.5%
Corporate Income Tax$90,556 $93,527 ($2,971)-3.2%
Gross Sales and Use Tax$3,566,491 $3,274,658 $291,833 8.9%
Local Distribution of Sales Tax($1,806,430)($1,638,584)($167,846)-10.2%
Adjustments \ Refunds($18,359)($18,254)($106)-0.6%
Net Sales and Use Taxes$1,741,702 $1,617,821 $123,882 7.7%
Motor Fuel Taxes$376,842 $394,002 ($17,161)-4.4%
Tobacco Taxes$32,844 $38,188 ($5,344)-14.0%
Alcoholic Beverages Tax$38,186 $37,111 $1,075 2.9%
Property Tax $6 $5 $1 26.2%
Motor Vehicle – Highway Impact Fees$9,367 $7,353 $2,014 27.4%
Motor Vehicle – Tag, Title and Fees $73,995 $67,735 $6,260 9.2%
Motor Vehicle – Title Ad Valorem Tax $147,773 $145,014 $2,759 1.9%
Motor Vehicle – Taxes and Fees Total$231,135 $220,102 $11,033 5.0%
Subtotal of State Taxes and Fees$4,949,915 $4,826,481 $123,434 2.6%
State Hotel \ Motel Fees$43,700 $36,904 $6,797 18.4%
Other Interest, Fees & Payments$75,981 $42,642 $33,339 78.2%
Year-to-Date Total of State Revenues$5,069,596 $4,906,027 $163,570 3.3%

Footnotes:

  1. The Local Distribution is adjusted with an accrual to reflect payment activity that occurs after the actual distribution (3 business days prior to the end of a month).
  2. “Other Interest, Fees & Sales” include payments that have been deposited in the bank, but for which returns may not have been processed. These undistributed tax payments are then re-classified (once the return is processed) to the appropriate revenue tax account. “Other” also includes Unclaimed Property collections. 

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