Data & 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.

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		Source: Alabama Department of Revenue Enlarge | Data

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		Source: Florida Department of Revenue Enlarge | Data

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		Source: Georgia Department of Revenue Enlarge | Data

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		Source: Louisiana Department of Revenue Enlarge | Data

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		Source: Mississippi State Tax Commission Enlarge | Data

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		Source: Tennessee Department of Revenue Enlarge | Data

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