Diana Pope, Director, Financing & Investment
State of Georgia Investor Relations
State of Georgia Investor Relations
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The State of Georgia’s net tax collections in April approached $3.73 billion, for a decrease of $230.4 million, or 5.8%, compared to FY 2024, when net tax collections totaled $3.96 billion for the month_._ April 2025 individual and corporate income tax collections were impacted by the hurricane-related extension of filing and payment deadlines to May 1, 2025. Early May individual and corporate return payments have significantly exceeded those received during the same period in May 2024, indicating a large number of filers took advantage of the extended filing deadline. Year-to-date, net tax revenue totaled $27.77 billion for an increase of $312.2 million that was driven largely by the collection of the state’s motor fuel excise tax, which was suspended by Executive Order for a period of two and a half months during FY 2024. Adjusting for the year-over-year motor fuel tax changes, year-to-date net tax revenue collections for the period ending April 30 were down $154.2 million, or 0.6%.