ATLANTA – Georgia’s net tax collections rose 3.1% in July, the first month of fiscal 2027, as stronger sales and corporate income tax revenue offset declines in individual income and motor fuel tax collections.
The state collected $2.57 billion in net tax revenue for the month, up $78.1 million from July 2025, when collections totaled about $2.49 billion.
The increase offers an early look at state revenue trends for the new fiscal year. Tax collections help fund state services, including education, transportation, public safety and health programs, and are closely watched by lawmakers as they consider spending priorities.
Sales tax collections were the biggest driver of July’s increase. Gross sales and use tax collections totaled nearly $1.78 billion, up $162.8 million, or 10.1%, from the same month a year earlier. Net sales tax revenue rose $79.2 million, or 10%, to about $875 million. Sales tax distributions to local governments increased by $85.9 million to $894.5 million, while sales tax refunds declined by $2.3 million.
Corporate income tax collections also increased, rising $18.4 million, or 34.3%, to $72.2 million. Corporate estimated payments were up $17.1 million, while corporate refunds fell by $9.1 million.
Individual income tax collections declined by $27.1 million, or 2.1%, from nearly $1.27 billion in July 2025. Withholding payments fell by $26.2 million, and individual return payments dropped by $35.1 million. Refunds also declined, falling by $29.4 million.
Motor fuel tax collections decreased by $10.6 million, or 5.4%, from July 2025, when they totaled $194.5 million. Motor vehicle tag and title fee collections fell by $2 million, while title ad valorem tax collections increased by $3.6 million.
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