State tax revenues for November lower than in 2011

ATLANTA (AP) – The Georgia Department of Revenue reports state tax collections in November were down 1.1 percent from the same month a year ago. Total state revenues for the month were down by a slightly lower 0.7 percent. That reverses an upward trend send for most of the fiscal year that began July 1. Individual income taxes are still exceeding their 2011 levels, but corporate income tax saw a significant drop compared to last year. Both figures had been strong in previous months. Despite the holiday shopping season, sales taxes were down in November.
Even with the November dip, total tax receipts through the first five months of the fiscal year are up 3.3 percent, while total revenues are up 3.7 percent. © 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


More Local

Gray found guilty of rape

Guilty was the verdict reached in the sleepwalking rape trial of Benjamin Gray. After three hours after beginning their deliberation, the ju ... Read More


Sexsomnia or rape? Verdict in jury’s hands

Closing arguments in the sleepwalking rape trial of Benjamin Gray concluded Friday. Coweta County Assistant District Attorney Herb Cranford ... Read More


118 Newnan High students tested for TB

More than a hundred tuberculosis exposure tests were administered at Newnan High School on Friday, as earlier in the week a NHS student was ... Read More


Senoia man arrested after fleeing from officer

A Senoia area man was arrested Tuesday and taken to the Coweta County Jail after allegedly leading a Coweta County sheriff's deputy on a hig ... Read More


UPDATE

Wreck victim in fair condition

James Hand, who was injured in a motor vehicle crash Thursday morning, was listed in fair condition Friday at Atlanta Medical Center. Hand w ... Read More

Prescribed burn smokes out Lake Redwine

A large fire that brought days of smoke and acrid smells to the Lake Redwine area was a prescribed burn that was done in accordance with cur ... Read More