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July Net Tax Revenues Down 2.7%
View allAugust 8, 2025
News
The State of Georgia’s net tax collections for the first month of FY 2026 totaled $2.49 billion, for a decrease of $70.1 million, or 2.7%, from July 2024 (FY 2025), when net tax collections totaled roughly $2.56 billion, in part reflecting the 20 basis point (3.7%) reduction in individual and corporate tax rates compared to the year-ago period.