Gov. Sonny Perdue has announced that net revenue collections for May totaled $1.18 billion compared to $1.26 billion a year ago, a decrease of 6%, or $75.5 million for the month.
Individual income taxes for May were down 6.5% while corporate income taxes were off 60.6%. Motor fuel taxes were up by 29.4%. Through the end of May, fiscal year revenue collections were down 10.3% compared to the same period last year.