Atlanta Business Chronicle reports that Georgia tax revenue hits $10.6 billion on the year

The state's revenues are vitally important to our efforts. Any time the economy turns up, we are offered a chance to address the needs of those families and individuals with disabilities waiting for help.

The state's tax revenue jumped 14.8 percent to $886.1 million in February, the Georgia Department of Revenue reported March 6. Also in February, from corporate income tax revenue skyrocketed 334.9 percent to $22.8 million, while individual income tax revenue dropped 16.7 percent to $244.8 million, sales and use tax revenue increased 10.1 percent to $473.8 million and property tax spiked 206.6 percent to $9.7 million. Through February, the state's tax revenue rose 9.9 percent to $10.6 billion. During the same period, corporate income tax revenue jumped 45.4 percent to $405.1 million, individual income tax revenue increased 8.7 percent to $5.2 billion, sales and use tax revenue went up 11.6 percent to $3.9 billion and property tax increased 7.8 percent to $64.8 million.

Atlanta Business Chronicle: Georgia tax revenue hits $10.6 billion on the year.

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