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Data & Analysis

State Government Finances - January 2011

The Alabama Department of Revenue reports that tax collections were up roughly 3.7 percent in December 2010 versus December 2009.

Alabama Total Tax Revenues
Total revenue
(3mma, $mil)
Y/Y %
change
Dec 10 686.79 3.68
Nov 10 682.78 6.22
Dec 09 662.42 –0.42

 

According to data from Florida's Department of Revenue, December 2010's tax collection rate was roughly 8 percent higher than in December 2009.

Florida Total Tax Revenues
Total revenue
(3mma, $mil)
Y/Y %
change
Dec 10 2,054.02 8.10
Nov 10 2,032.51 7.02
Dec 09 1,887.70 –6.74

 

Data from Georgia's Department of Revenue show that Georgia's total tax collections have been increasing on a year-over-year (three-month moving average) basis for six consecutive months as of December.

Georgia Total Tax Revenues
Total revenue
(3mma, $mil)
Y/Y %
change
Dec 10 1,352.22 8.72
Nov 10 1,321.98 7.16
Dec 09 1,243.72 –13.14

 

Data from Louisiana's Department of Revenue suggested a turnaround for state coffers as of October 2010, but November and December brought more double-digit percentage declines in collections.

Louisiana Total Tax Revenues
Total revenue
(3mma, $mil)
Y/Y %
change
Dec 10 567.77 –14.60
Nov 10 601.22 –12.51
Dec 09 664.87 –6.11

According to data from Mississippi's Department of Revenue, total tax revenues increased in December on a year-over-year basis for the fourth consecutive month.

Mississippi Total Tax Revenues
Total revenue
(3mma, $mil)
Y/Y %
change
Dec 10 514.57 1.65
Nov 10 527.76 0.80
Dec 09 506.20 –6.31

 

Data from Tennessee's Department of Revenue show that December 2010 was the state's fifth consecutive month of year-over-year improvements in total tax collections, as the rate of improvement continues to accelerate.

Tennessee Total Tax Revenues
Total revenue
(3mma, $mil)
Y/Y %
change
Dec 10 764.48 5.54
Nov 10 814.11 4.94
Dec 09 724.37 –2.47

 


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