Gov. Nathan Deal has announced Georgia collected $1.41 billion in net tax revenue last month. The figure represents a 6.7 percent increase compared with July 2012. In a statement, Deal said Monday that the percentage increase translates to about $88.5 million in additional tax revenue compared with July 2012.
Federal and state income tax returns are due today. Georgia offers free electronic options for some last-minute filers. It’s similar to the federal program where you can use online software to prepare and file returns for free. There are typically income limitations and some programs require that you pay to file your federal return first.
New revenue numbers show collections are up significantly from this time last year. The state netted $148 million more last month over February 2010. That’s a 26 percent spike. Individual income tax collection drove the rise, more than doubling from last year to $185 million. But state officials attribute the jump to an accounting change.