Regional Economics Information

Email
Print Friendly
A A A

Data & Analysis

State Government Finances - October 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

October 2008

Total tax revenue collections in September increased 2.2 percent in Alabama and 4.8 percent in Mississippi (on a three-month moving average basis) from a year earlier. Collections declined 12.8 percent in Florida, 2.8 percent in Georgia, 1.0 percent in Louisiana, and 4.8 percent in Tennessee from a year earlier. According to recent reports, Florida and Georgia face midyear FY 2009 budget gaps of $1.7 billion and $1.6 billion, respectively. Georgia's gap before the FY 2009 budget was adopted was at $245 million, bringing the current gap to $1.8 billion, or 8.7 percent of the FY 2009 general fund. Florida's gap before the FY 2009 budget was adopted was at $3.4 billion, bringing the current gap to $5.1 billion, or 19.9 percent of the FY 2009 general fund.

Image of Sixth District States Link to Alabama data Link to Georgia data Link to Tennessee data Link to Tennessee data Link to Florida data Link to Florida data Link to Mississippi data Link to Louisiana data Link to Louisiana data
 
Alabama Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
Sept 2008 688.8 2.2
Aug 2008 680.9 1.7
Sept 2007 673.8 2.9

Chart of Total Tax Revenue - Alabama
Source: Alabama Department of Revenue
Enlarge | Data Excel logo

Florida Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
Sept 2008 2,141.6 –12.8
Aug 2008 2,269.4 –12.9
Sept 2007 2,457.3 –6.8

Chart of Total Tax Revenue - Florida
Source: Florida Department of Revenue
Enlarge | Data Excel logo

Georgia Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
Sept 2008 1,365.2 –2.8
Aug 2008 1,360.7 –5.8
Sept 2007 1,405.1 5.0

Chart of Total Tax Revenue - Georgia
Source: Georgia Department of Revenue
Enlarge | Data Excel logo

Louisiana Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
Sept 2008 718.0 –1.0
Aug 2008 714.6 –4.5
Sept 2007 725.3 9.7

Chart of Total Tax Revenue - Louisiana
Source: Louisiana Department of Revenue
Enlarge | Data Excel logo

Mississippi Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
Sept 2008 524.6 4.8
Aug 2008 584.7 6.9
Sept 2007 500.4 4.3

Chart of Total Tax Revenue - Mississippi
Source: Mississippi State Tax Commission
Enlarge | Data Excel logo

Tennessee Total Tax Revenues
  Total revenue
(3mma, $mil)
Y/Y %
change
Sept 2008 867.5 –4.8
Aug 2008 939.4 –2.2
Sept 2007 910.8 5.9

Chart of Total Tax Revenue - Tennessee
Source: Tennessee Department of Revenue
Enlarge | Data Excel logo


Archives