Georgia ends fiscal year with revenues up $879M

by AP

alt


ATLANTA (AP) -- A new report shows Georgia has ended the fiscal year with an increase in revenues of about $879 million, a 5.2 percent increase over the previous year.

Gov. Nathan Deal's office said Monday that Georgia's net tax collections for the fiscal year totaled nearly $17.9 billion, due in part to a large increase in corporate income tax collections. For the fiscal year, those corporate collections totaled $944 million, an increase of 18 percent over the previous year's total of $797 million.

Individual income tax collections also showed a modest increase of 2.4 percent.

Legislation eliminating the annual birthday tax in favor of a one-time auto sales tax resulted in a small drop in gross sales and use taxes and a substantial increase in motor vehicle fees.

(Copyright 2014. The Associated Press.)



More Local

Moreland festivities continue despite weather

Rain cancelled the Moreland Trivia Contest and brought vendors from outdoors into the Moreland Mill, but the south Coweta town’s role ... Read More


Volunteers help prepare annual Moreland barbecue

Succulent pork barbecue and the trimmings were served up at the Lewis Grizzard Memorial Barbecue Pavilion behind the Moreland Mill on Saturd ... Read More


Lighting up the sky

Fireworks tradition started in the mid-1970s

See Sunday's print edition for a full-page layout of images that accompanied this story.  For many residents of Coweta County, the annu ... Read More


Rain puts damper on 4th events

Inclement weather may have cancelled Newnan’s annual Fourth of July parade Saturday, but a few brave vendors set up booths downtown de ... Read More


Coweta Commission

Workshop meeting set for Tuesday at 4

The Coweta County Board of Commissioners will meet twice this week: on Tuesday for a workshop meeting and Thursday for the first regular mee ... Read More

Program helps households replace old toilets

A program aimed at increasing the number of efficient toilets – and getting rid of older water wasting models – is working. The ... Read More