New numbers from August show Georgia’s tax revenue collections are still ailing.
The state’s coffers took-in about 16% less money than it did in August of last year. Governor Sonny Perdue’s office says that’s in large part due to cuts at the Department of Revenue.
Because of a backlog, more than a quarter of a million tax refund checks went out after the current fiscal year’s start on July 1st. That spurred a drop in net revenue significantly higher than this time last year.
The state last month did take-in 4% more in tag and title fees for cars, helped in part by the federal cash for clunkers program. Also slightly up for August this year were taxes on alcohol. Overall for the fiscal year which began July 1st state revenue is down by over 13%.
Governor Perdue's office says because of special circumstances to blame for last month's revenue decline, he has no plans yet for further budget cuts.