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 This material may not be published, broadcast, rewritten or redistributed.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

Concerns over drug prompt delay of Georgia woman's execution

JACKSON, Ga. (AP) — Citing concerns about the drug to be used in a lethal injection, corrections officials in Georgia postponed the ex ... 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. NETANYAHU SET FOR CONGRESS SPEECH ... Read More


Programs reflect growing diversity in schools

Coweta County – like the rest of Georgia – is growing more diverse, and that is reflected in programs being held in the county&r ... Read More


Eye-catching billboard may help catch killer

When travelling on Interstate 85 north through Fairburn, many motorists have taken notice of Donna “Denice" Roberts’ face on a l ... Read More


Acceptance starts with liking one’s self

“Diversity – it starts with you.” That was the message that keynote speaker Nick Ferrante brought to the Diversity Day pro ... Read More

Tradition dates to 1422 in England

Bankruptcy Inn of Court named to honor Drake

The recently formed Georgia Bankruptcy American Inn of Court has been named for W. Homer Drake Jr. of Newnan. Drake is U.S. Bankruptcy Court ... Read More