Georgia tax revenues still going strong for now

Capitol Beat-Georgia ^ | 3/10/23 | Dave Williams

[CFW]

ATLANTA – The economic slowdown in Georgia many economists have been predicting for this year hasn’t arrived yet.

The state Department of Revenue collected more than $2.12 billion in taxes last month, an increase of 8.7% over February of last year, the agency reported Friday. For the first eight months of fiscal 2023, tax revenues were up 5.9% over the same period in fiscal 2022.

Individual income tax receipts rose by 9.2% in February over the same month last year, as tax return payments increased by 31.3% while refunds were down 3.3%.

Net sales tax collections were healthy last month, increasing by 10.6% compared to February of last year.

[CFW]

In other Capitol news:

https://capitol-beat.org/2023/03/teacher-planning-periods-and-literacy-popular-with-state-lawmakers-vouchers-opposed/

"Education bills are getting a mixed reception in the General Assembly this year.

Measures to protect teacher’s time and amp up the state’s literacy rates have received nearly unanimous approval, while private-school vouchers have drawn fierce opposition".

https://capitol-beat.org/2023/03/state-unveils-new-voter-information-system/

"Georgia Secretary of State Brad Raffensperger launched a new computer system this week designed to improve the tracking of registered voters.

The $4 million Georgia Registered Voter Information System (GARViS) will contain more than 12 million voter records, including more than 7 million active voters."