Georgia tax revenues up 4.8 percent for the fiscal year

ATLANTA (AP) – The Georgia Department of Revenue reports state revenue collections are up 4.8 percent over the previous fiscal year. The report issued Friday comes four months into the current fiscal year. For October, total revenues climbed 6.4 percent over the same month a year ago. The monthly report shows gains in individual income taxes and sharp increases in corporate income taxes. Those trends have been consistent since the fiscal year began July 1. That suggests an upward trajectory for the Georgia economy. But other figures indicate consumers are still reticent to spend.
Sales tax collections remain only slightly higher than a year ago, while fuel taxes continue to lag. October saw a spike in vehicle transactions taxes, though that revenue is still below the pace of the last fiscal year. © 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


More Local

GA troopers to focus on commercial drivers on I-85

ATLANTA (AP) — Georgia state troopers say they're launching a 72-hour crackdown on unsafe commercial vehicle drivers on Interstate 85. ... Read More


10 Things to Know for Today

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. HOW U.S. RAMPS UP RESPONSE TO EBO ... Read More


Coweta County Commissioners

Euro Auctions USA rezoning on Tuesday's agenda

A public hearing on rezoning of property for Euro Auctions USA is on the agenda for Tuesday night’s meeting of the Coweta County Board ... Read More


Coweta County Fair returns, opens Thursday

The Coweta County Fair kicks off Thursday, and check-in for some exhibits begins today. Arts, crafts and food exhibits can be submitted from ... Read More


Pharmacist ‘ready to move forward’

Two years ago, Amy Matistic’s life was forever changed. After dropping her son off at school, Matistic returned home to find a Coweta ... Read More

Coweta County receives questionable voter forms

Coweta County has received several questionable voter registration forms submitted by the New Georgia Project, which is currently being inve ... Read More