Gov. Nathan Deal announced that Georgia’s net tax collections for April totaled $1.53 billion, an increase of $152 million or 11% from the year previous.
Through the 10 months of fiscal 2012, net revenue collections totaled nearly $13.3 billion for an increase of $677 million or 5.4% compared to the same period last year.
April’s tax increases were largely attributable to individual income tax collections, which totaled $804.75 million, an increase of 13.2%. Sales and use tax collections were $482.5 million, up $22 million or 4.8% percent.
Corporate income tax collections declined by $2.25 million.