(The following is a press release from the Missouri Office of Administration.)
Jefferson City, MO. – State Budget Director Trevor Foley announced today that net general revenue collections for October 2026 decreased 2.5 percent compared to those for October 2025, from $967.1 million last year to $943.1 million this year.
Net general revenue collections for 2027 fiscal year-to-date increased 2.4 percent compared to October 2025, from $3.97 billion last year to $4.06 billion this year.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
- Increased 0.5 percent for the year, from $2.57 billion last year to $2.58 billion this year.
- Decreased 2.9 percent for the month.
Pass Through Entity tax collections
- Decreased 13.4 percent for the year, from $103.0 million last year to $89.2 million this year.
- Increased 7.9 percent for the month.
Sales and use tax collections
- Increased 6.7 percent for the year, from $1.13 billion last year to $1.20 billion this year.
- Increased 8.3 percent for the month.
Corporate income and corporate franchise tax collections
- Increased 35.7 percent for the year, from $209.5 million last year to $284.3 million this year.
- Increased 15.2 percent for the month.
All other collections
- Decreased 11.0 percent for the year, from $265.0 million last year to $235.8 million this year.
- Decreased 26.4 percent for the month.
Refunds
- Increased 8.3 percent for the year, from $310.0 million last year to $335.7 million this year.
- Increased 34.0 percent for the month.
The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors.
