JEFFERSON CITY, MO – State Budget Director Dan Haug announced today that net general revenue collections for January 2022 declined 13.4 percent compared to those for January 2021, from $1.02 billion last year to $882.1 million this year.
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Net general revenue collections for 2022 fiscal year-to-date increased 1.9 percent compared to January 2021, from $6.46 billion last year to $6.58 billion this year.
GROSS COLLECTIONS BY TAX TYPE
Individual income tax collections
- Decreased 3.0 percent for the year, from $4.81 billion last year to $4.67 billion this year.
- Increased 4.8 percent for the month.
Sales and use tax collections
- Increased 15.6 percent for the year, from $1.39 billion last year to $1.60 billion this year.
- Decreased 97.4 percent for the month.
Corporate income tax collections
- Increased 8.9 percent for the year, from $415.1 million last year to $452.2 million this year.
- Increased 1.8 percent for the month.
All other collections
- Decreased 1.5 percent for the year, from $284.2 million last year to $279.9 million this year.
- Decreased 12.1 percent for the month.
Refunds
- Decreased 3.3 percent for the year, from $441.2 million last year to $426.4 million this year.
- Decreased 50.1 percent for the month.
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