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Data & Analysis

State Government Finances - August 2008

Data Sources on the Web
Alabama Department of Revenue
Florida Department of Revenue
Georgia Department of Revenue
Louisiana Department of Revenue
Mississippi State Tax Commission
Tennessee Department of Revenue
 
Data and Analysis

State Government Finances

August 2008

Total tax revenue collections in July increased 1.2 percent in Tennessee and 0.7 percent in Mississippi (on a three-month moving average basis) from a year earlier. Collections declined 12.7 percent in Florida, 15.9 percent in Georgia, 5.6 percent in Louisiana, and 1.2 percent in Alabama (on a three-month moving average basis) from a year earlier. The National Association of State Budget Officers recently reported Alabama, Florida, Georgia, and Tennessee were among the 20 states that were not meeting fiscal year 2008 revenue estimates.

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Alabama Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
July 2008 742.9 –1.2
June 2008 840.3 2.1
July 2007 752.1 5.3

Chart of Total Tax Revenue - Alabama
Source: Alabama Department of Revenue
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Florida Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
July 2008 2,359.9 –12.7
June 2008 2,537.4 –12.0
July 2007 2,702.4 –6.5

Chart of Total Tax Revenue - Florida
Source: Florida Department of Revenue
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Georgia Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
July 2008 1,435.4 –15.9
June 2008 1,618.0 –5.4
July 2007 1,707.0 15.8

Chart of Total Tax Revenue - Georgia
Source: Georgia Department of Revenue
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Louisiana Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
July 2008 805.2 –5.6
June 2008 925.3 1.6
July 2007 853.2 25.3

Chart of Total Tax Revenue - Louisiana
Source: Louisiana Department of Revenue
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Mississippi Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
July 2008 644.0 0.7
June 2008 724.9 –0.6
July 2007 639.5 25.5

Chart of Total Tax Revenue - Mississippi
Source: Mississippi State Tax Commission
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Tennessee Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
July 2008 966.4 1.2
June 2008 1,145.5 0.9
July 2007 954.7 5.2

Chart of Total Tax Revenue - Tennessee
Source: Tennessee Department of Revenue
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