transparencyState Revenue

Monthly State Revenue WatchAll Funds (excluding Trust)

Fiscal 2018

Updated November 2017

Data on net state revenue collections across all funds are presented below, by month of collection and type of revenue source. The report shows state revenues (both tax and non-tax) accruing to the state’s various funds and accounts, including the the General Revenue Fund, the Available School Fund, the State Highway Fund and the Property Tax Relief Fund, among others.

Not shown are revenues held outside the State Treasury in suspense funds and trust funds, such as the Unemployment Trust Fund. The state holds assets in trust funds in a trustee capacity for individuals, private organizations or other governmental entities. Consequently, they are not available to the Legislature for appropriation. An example of trust funds are those that temporarily hold local sales taxes, collected by the Comptroller’s office along with state sales tax, prior to their allocation back to cities, counties or transit authorities.

Monthly Collections and Percent Change from Previous Year

Net State Revenue by Source (Amount in thousands of dollars)
Tax Collections by Major Tax Sep 2017 Oct 2017 Nov 2017 Total Percent change
Current vs. Last Year
Oct 2017
CRE Estimate
Sales Taxes $2,356,666 $2,458,543 $2,784,661 $7,599,871 9.52% $30,490,044
Percent change 10.41% 6.94% 11.12%
Motor Vehicle Sales and Rental Taxes 385,502 450,135 415,347 1,250,984 6.74% 4,996,847
Percent change -2.61% 13.68% 9.24%
Motor Fuel Taxes 293,771 311,089 308,179 913,039 1.93% 3,603,259
Percent change -0.09% 4.19% 1.66%
Franchise Tax -14,442 -12,687 -22,774 -49,903 -58.78% 3,581,406
Percent change -62.21% -77.69% -12.26%
Oil Production Tax 184,197 198,535 237,157 619,889 30.31% 2,314,816
Percent change 17.41% 44.38% 30.81%
Insurance Taxes 22,202 17,731 25,934 65,867 27.46% 2,567,415
Percent change 33.29% 8.68% 38.64%
Cigarette and Tobacco Taxes 34,729 122,550 115,225 272,504 -26.34% 1,375,161
Percent change -72.78% 8.02% -10.61%
Natural Gas Production Tax 109,013 90,056 117,446 316,515 45.44% 889,147
Percent change 84.87% 4.17% 62.65%
Alcoholic Beverages Taxes 92,783 106,153 108,024 306,960 4.08% 1,274,096
Percent change -1.17% 5.01% 8.08%
Hotel Occupancy Tax 43,939 48,240 56,501 148,680 12.10% 541,096
Percent change 3.95% 14.17% 17.44%
Utility Taxes1 333 104,461 3,348 108,142 -3.95% 443,800
Percent change -124.26% 19.14% -87.26%
Other Taxes2 12,970 24,316 19,698 56,984 75.61% 223,467
Percent change 74.15% 90.13% 61.29%
Total Tax Collections $3,521,664 $3,919,121 $4,168,746 $11,609,531 9.80% $52,300,554
Percent change $2,356,666 $2,458,543 11.13%

Revenue by Source (Amount in thousands of dollars)
Revenue Source Sep 2017 Oct 2017 Nov 2017 Total Percent change
Current vs. Last Year
Oct 2017
CRE Estimate
Total Tax Collections $3,521,664 $3,919,121 $4,168,746 $11,609,531 9.80% $52,300,554
Percent change 7.09% 10.89% 11.13%
Federal Income 3,677,253 3,110,543 3,577,993 10,365,789 4.80% 37,470,349
Percent change 2.38% 10.47% 2.71%
Licenses, Fees, Fines, and Penalties 664,288 462,609 566,543 1,693,441 3.15% 6,296,982
Percent change 2.90% 11.36% -2.45%
State Health Service Fees and Rebates 3 582,016 921,766 678,797 2,182,579 18.27% 5,621,881
Percent change -25.22% 21.64% 119.39%
Net Lottery Proceeds4 140,815 148,996 198,582 488,393 4.63% 2,058,949
Percent change 0.89% 8.64% 4.48%
Land Income 122,283 242,089 123,050 487,423 38.15% 1,416,267
Percent change -27.29% 227.57% 11.10%
Interest and Investment Income 65,379 64,636 47,499 177,515 14.54% 1,506,872
Percent change 76.25% -5.80% -3.60%
Settlements of Claims  2,829 10,398 12,310 25,536 214.12% 527,925
Percent change -8.14% 439.56% 294.13%
Escheated Estates 17,924 23,968 15,871 57,763 -12.92% 689,055
Percent change 84.44% -35.60% -18.16%
Sales of Goods and Services 20,490 22,217 21,652 64,359 -0.23% 308,618
Percent change -23.17% 14.05% 17.93%
Other Revenue  205,826 95,478 88,816 390,119 -0.34% 3,270,756
Percent change -3.83% 42.56% -19.58%
Total Net Revenue $9,020,768 $9,021,823 $9,499,858 $27,542,448 8.19% $111,468,208
Percent change 1.33% 13.79% 10.13%

† This value was estimated in 2018-2019 Certification Revenue Estimate.

1 Includes public utility gross receipts assessment, gas, electric and water utility tax and gas utility pipeline tax.

2 Includes taxes not separately identified.

3 Includes various health-related service fees and rebates that were previously in “license, fees, fines and penalties” or in other non-tax revenue categories.

4 Gross sales less retailer commission and the smaller prizes paid by retailers.

Sums may not total due to rounding.

Excludes local funds and deposits by certain semi-independent agencies.

Includes certain state revenues that are deposited in State Treasury but not appropriated.