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November Tax Revenues Up 1.5%, Adjusted Year-to-Date Revenues Down 1.7%

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December 8, 2023

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Atlanta, GA – The State of Georgia’s net tax collections in the month of November totaled $2.32 billion for an increase of $33.7 million, or 1.5 percent, compared to November 2022, when net tax collections totaled almost $2.29 billion for the month. Year-to-date net tax revenues total $13.02 billion for an increase of $412.1 million, or 3.3 percent, over the same five-month period last year, driven principally by the collection of the state motor fuel tax that was suspended during much of the same period in 2022. Net of motor fuel tax changes, revenues for the five months ended November 30 were down 1.7 percent from this time a year ago.

November 2023 Comparative Summary of State General Funds