State Budget Director Linda Luebbering announced this week that 2012 fiscal year-to-date net general revenue collections increased 1.3 percent compared to 2011, from $4.10 billion last year to $4.15 billion this year.

 

Net general revenue collections for January 2012 increased by 2.0 percent compared to those for January 2011, from $645.3 million to $658.5 million.

 

GROSS COLLECTIONS BY TAX TYPE

 

Individual income tax collections

 

Increased 2.5 percent for the year, from $2.96 billion last year to $3.04 billion this year.

Increased 4.1 percent for the month.

Sales and use tax collections

 

Increased 2.4 percent for the year from $1.05 billion last year to $1.08 billion this year.

Increased 3.5 percent for the month.

Corporate income and corporate franchise tax collections

 

Decreased 10.8 percent for the year, from $264.4 million last year to $235.8 million this year.

Decreased 13.0 percent for the month.

All other collections

 

Decreased 23.1 percent for the year, from $244.6 million last year to $188.0 million this year.

Decreased 24.6 percent for the month.

Refunds

 

Decreased 8.9 percent for the year, from $427.4 million last year to $389.1 million this year.

Increased 6.3 percent for the month.