State Budget Director Dan Haug announced that net general revenue collections for April 2022 increased 40.8 percent compared to those for April 2021, from $952.9 million last year to $1.34 billion this year.
Net general revenue collections for 2022 fiscal year-to-date increased 9.4 percent compared to April 2021, from $8.80 billion last year to $9.63 billion this year.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
- Increased 5.1 percent for the year, from $7.03 billion last year to $7.39 billion this year.
- Increased 32.5 percent for the month.
Sales and use tax collections
- Increased 15.0 percent for the year, from $1.97 billion last year to $2.27 billion this year.
- Increased 14.2 percent for the month.
Corporate income and corporate franchise tax collections
- Increased 9.7 percent for the year, from $608.8 million last year to $668.1 million this year.
- Increased 5.7 percent for the month.
All other collections
- Increased 2.0 percent for the year, from $451.4 million last year to $460.5 million this year.
- Increased 22.3 percent for the month.
Refunds
- Decreased 8.2 percent for the year, from $1.26 billion last year to $1.16 billion this year.
- Decreased 17.6 percent for the month.
