Georgia revenues up more than 10% - New York News

Georgia revenues up more than 10%

ATLANTA (AP) - Tax collection growth in Georgia grew by more than 10% last month, potentially improving the state's budget situation.

Gov. Nathan Deal's administration said Monday that tax and other collections stood at roughly $1.7 billion in January, up roughly 10.4% compared to same period last year.

State lawmakers crafting Georgia's state budget have said they hoped for several months of growth to meet estimates.

Personal income tax collections increased 16.3% to just over $1 billion. Growth in sales and use taxes was relatively flat.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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