News Story

The State of Georgia’s net tax revenue collections in March totaled $2.5 billion, for an increase of $163.3 million, or 7 percent, compared to March 2024 when net tax collections totaled nearly $2.34 billion. Year-to-date, net tax revenue collections totaled almost $24.04 billion, for an increase of $543.1 million that was driven largely by the collection of the state’s motor fuel excise tax, which was suspended by Executive Order for a period of two and a half months during FY 2024. Adjusting for the year-over-year motor fuel tax changes, year-to-date net tax revenue collections for the period ending March 31 were up $82.8 million, or 0.4 percent.