More results found.
No results match your search term, but we're constantly adding new issuers to the BondLink platform. Looking to learn more?
On behalf of the Georgia State Financing and Investment Commission, I would like to welcome you to our State’s new investor relations website. We appreciate your interest and investment in bonds issued by the State, as it allows us to make critical investments in public infrastructure throughout our state. We are committed to maintaining our strong bond ratings, and we are also committed to being as transparent as possible with the investor community and public at large.
I hope you find this website useful as you seek to better understand the credit fundamentals of our State. Please do not hesitate to contact our office with suggestions for how we can be doing better. Thanks again for your interest in our bond program.
Diana Pope, Director, Financing & Investment
October Net Tax Revenues Up 1.8 Percent
November 09, 2020
Atlanta, GA – The State of Georgia’s net tax collections in October totaled nearly $2.02 billion, for an increase of $35.2 million, or 1.8 percent, compared to last year when net tax collections totaled $1.98 billion. Year-to-date, net tax revenue collections totaled $8.21 billion, for an increase of $400.2 million, or 5.1 percent, compared to October FY 2020.
The State of Georgia’s net tax collections for February totaled roughly $1.35 billion for an increase of $54.9 million, or 4.2 percent, compared to February 2019 when net tax collections totaled $1.30 billion. Year-to-date net tax collections totaled $15.56 billion for an increase of $187.9 million, or 1.2 percent, compared to the previous fiscal year when net tax revenues totaled $15.37 billion.
January Net Tax Revenues Up 4.5%
February 18, 2020
Atlanta, GA - The State of Georgia’s net tax collections for January totaled nearly $2.36 billion for an increase of $100.8 million, or 4.5 percent, compared to January 2019 when net tax collections totaled $2.25 billion. Year-to-date net tax collections totaled roughly $14.21 billion for an increase of $133 million, or 0.9 percent, compared to the previous fiscal year, when net tax revenues totaled $14.07 billion.
Individual Income Tax: Individual Income Tax collections increased by a total of $56 million, or 4.3 percent, compared to last year when Income Tax collections totaled $1.3 billion. Individual Income Tax refunds issued - net of voided checks - were up $18.5 million, or 34.1 percent. Individual Withholding payments for the month increased by $43.8 million, or 4.2 percent. Individual Income Tax Return payments were up $12.3 million, or 91.7 percent, over FY 2019. All other Individual Tax categories, including Estimated Tax payments, were up a combined $18.4 million.
Sales and Use Tax: Gross Sales and Use Tax collections totaled $1.24 billion, an increase of $56.5 million, or 4.8 percent, over January 2019. Net Sales and Use Tax increased by $27.7 million, or 4.6 percent, compared to last year when net sales tax totaled $599 million. The adjusted Sales Tax distribution to local governments totaled roughly $607.8 million, for an increase of $26.3 million, or 4.5 percent, over the previous year. Lastly, Sales Tax Refunds increased by nearly $2.5 million, or 43.2 percent, compared to FY 2019.
Corporate Income Tax: Corporate Income Tax collections totaled $50.1 million, which was an increase of $11 million, or 28.2 percent, over last year when Corporate Tax collections totaled approximately $39.1 million. Corporate Income Tax refunds issued - net of voids - were up $15.1 million, or 114.1 percent. Corporate Income Tax Return payments for the month increased by $23.6 million, or 174.6 percent. All other Corporate Tax types, including Corporate Estimated payments, were up a combined $2.5 million.
Motor Fuel Taxes: Motor Fuel Tax collections increased by $9.2 million, or 6.3 percent, compared to FY 2019.
Motor Vehicle - Tag & Title Fees: Motor Vehicle Tag & Title Fees increased by $6.5 million, or 19.1 percent, during the month, whereas Title Ad Valorem Tax (TAVT) collections declined by $13.4 million, or -20.1 percent, from last year’s total of $66.9 million.