Cobb County

Georgia net tax revenues rise 2.3% in September to $3.34 billion

The gold dome

ATLANTA — The state of Georgia collected $3.34 billion in net tax revenues during September, reflecting a 2.3% increase of approximately $76.7 million compared to the same month in fiscal year 2026, according to the Georgia Gov. Brian Kemp’s office.

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Through the first three months of the fiscal year, total net tax revenue reached $8.41 billion, up 2.9% or $240.2 million compared to the previous year.

The net revenue growth was driven primarily by gains in sales tax and corporate income tax revenue, which helped offset declines in individual income tax collections and Title Ad Valorem Tax revenue.

Individual income tax collections for September dropped by 4.1%, totaling roughly $1.42 billion compared to nearly $1.49 billion in the same month of the previous fiscal year.

Income tax withholding payments dropped by $62 million, or 5.1%, while tax refunds issued rose by 28.1%, or $21.6 million. Estimated individual income tax payments grew by 15.3%, or $29 million, while all other individual tax categories combined dropped by $6.7 million.

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Gross sales and use tax collections reached $1.73 billion for the month, representing an 8.6% increase of $136.8 million. Net sales and use tax revenue climbed 13.3%, or $98.8 million, compared to FY 2026, when net collections totaled nearly $741 million. Adjusted distributions to local governments totaled $880.4 million, up 12.8% from $780.2 million last year, while sales tax refunds declined by $62.2 million.

Corporate income tax collections rose by 5.9%, adding nearly $37.9 million compared to last year’s total of $642.7 million. Estimated corporate tax payments saw a 32% increase of $126.6 million, while refunds issued increased by 66.7%, or $33.1 million. Corporate return payments dropped 45.3%, or $48.2 million and other corporate tax categories declined by $7.4 million combined.

Motor fuel tax collections fell by 0.2%, or $0.4 million, down from $203.7 million in FY 2026. In motor vehicle revenue, tag and title fee collections surged 22.1%, adding $8.4 million, while Title Ad Valorem Tax revenue dropped 11.9%, or $8.5 million, compared to the previous fiscal year.

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