Georgia Reports Increased Revenues to Start Fiscal 2025

Georgia Capitol Money

With one month in the books, Georgia’s tax collections seemingly started the year on a positive note after ending last fiscal year with decreased collections.

Peach State officials said this week that total General Fund receipts for July, the first month of fiscal 2025, surpassed $2.5 billion. According to state numbers, that is an increase of 2.7%, or $66.3 million, over July 2023 in fiscal 2024, when net tax collections totaled nearly $2.5 billion.

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