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Adjusted August Tax Revenues Down 4.8%

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September 15, 2023

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Atlanta, GA – The State of Georgia’s tax collections during the month of August totaled $2.28 billion for a decrease of $25.4 million, or -1.1 percent, compared to August 2022 when net tax collections totaled nearly $2.31 billion. $181.6 million of August tax revenue changes were the result of the reinstatement of the Motor Fuel Excise Tax. Excluding Motor Fuel Tax revenues and prior year related local sales tax distributions made in August, all other net tax collections decreased by -4.8 percent, or $110 million, compared to August 2022.

August 2023 Comparative Summary of State General Funds