transparencyState Revenue

Monthly State Revenue WatchAll Funds (Excluding Trust)

Fiscal 2018

Updated June 2018

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 Dec 2017 Jan 2018 Feb 2018 Mar 2018 Apr 2018 May 2018 Total Percent change
Current vs. Last Year
Oct 2017
CRE Estimate
Sales Taxes $2,356,666 $2,458,543 $2,784,661 $2,745,041 $2,672,488 $2,612,239 2,400,001 2,766,470 2,758,373 $23,554,482 9.96% $30,490,044
Percent change 10.41% 6.94% 11.12% 12.30% 9.06% 8.56% 7.19% 13.45% 10.18%      
Motor Vehicle Sales and Rental Taxes 385,502 450,135 415,347 414,332 427,713 421,779 384,410 293,160 424,004 $3,616,382 9.11% 4,996,847
Percent change -2.61% 13.68% 9.24% 16.06% 5.13% 13.01% -4.76% 32.05% 11.68%      
Motor Fuel Taxes 293,771 311,089 308,179 303,674 304,598 296,769 276,587 322,618 309,864 $2,417,285 2.62% 3,603,259
Percent change -0.09% 4.19% 1.66% 4.89% 3.01% 2.45% 3.88% 2.05% 1.79%      
Franchise Tax -14,442 -12,687 -22,774 -173,733 -91,200 5,857 152,458 393,076 3,228,303 $3,464,857 11.31% 3,581,406
Percent change -62.21% -77.69% -12.26% -12.71% 54.57% -111.74% 57.02% 49.86% 1.45%      
Oil Production Tax 184,197 198,535 237,157 263,401 283,924 307,123 275,819 316,138 315,972 $2,382,267 53.01% 2,314,816
Percent change 17.41% 44.38% 30.81% 74.61% 61.56% 58.21% 56.66% 65.22% 63.63%      
Insurance Taxes 22,202 17,731 25,934 30,253 23,394 809,555 525,766 7,952 27,595 $1,490,382 5.29% 2,567,415
Percent change 33.29% 8.68% 38.64% -13.11% 26.69% -1.84% 3.83% -119.46% 36.11%      
Cigarette and Tobacco Taxes 34,729 122,550 115,225 117,598 108,890 100,988 112,527 113,369 123,419 $949,295 -9.85% 1,375,161
Percent change -72.78% 8.02% -10.61% 9.19% -1.67% 0.72% -15.34% 12.31% -5.39%    
Natural Gas Production Tax 109,013 90,056 117,446 132,955 123,026 133,989 134,164 129,042 100,485 $1,070,175 44.59% 889,147
Percent change 84.87% 4.17% 62.65% 71.14% 69.37% 60.27% 10.96% 37.59% 36.00%  
Alcoholic Beverages Taxes 92,783 106,153 108,024 101,605 113,794 95,964 100,767 122,792 112,462 $954,344 5.67% 1,274,096
Percent change -1.17% 5.01% 8.08% 6.79% 6.69% 4.85% 1.23% 10.52% 7.90%    
Hotel Occupancy Tax 43,939 48,240 56,501 45,879 33,513 44,661 46,950 62,322 55,419 $437,424 14.47% 541,096
Percent change 3.95% 14.17% 17.44% 15.87% 17.99% 15.47% 6.28% 11.92% 29.00%    
Utility Taxes1 333 104,461 3,348 2,766 80,968 8,719 254 95,815 8,334 $304,998 2.29% 443,800
Percent change -124.26% 19.14% -87.26% 792.91% -5.59% 24.92% -48.34% 231.74% -86.80%  
Other Taxes2 12,970 24,316 19,698 19,659 24,464 17,266 16,763 77,860 26,658 $239,656 54.66% 223,467
Percent change 74.15% 90.13% 61.29% 110.34% 74.41% 78.47% 136.49% 372.99% -59.55%    
Total Tax Collections $3,521,664 $3,919,121 $4,168,746 $4,003,430 $4,105,572 $4,854,910 $4,426,465 $4,700,613 $7,490,887 $41,191,409 11.30% $52,300,554
Percent change $2,356,666 $2,458,543 11.13% 17.49% 10.77% 11.12% 8.13% 23.82% 6.05%

Revenue by Source (Amount in thousands of dollars)
Revenue Source Sep 2017 Oct 2017 Nov 2017 Dec 2017 Jan 2018 Feb 2018 Mar 2018 Apr 2018 May 2018 Total Percent change
Current vs. Last Year
Oct 2017
CRE Estimate
Total Tax Collections $3,521,664 $3,919,121 $4,168,746 $4,003,430 $4,105,572 $4,854,910 $4,426,465 4,700,613 7,490,887 41,191,409 11.30% $52,300,554
Percent change 7.09% 10.89% 11.13% 17.49% 10.77% 11.12% 8.13% 23.82% 6.05%
Federal Income 3,677,253 3,110,543 3,577,993 3,003,360 4,030,345 3,644,813 2,933,331 2,636,703 3,284,260 29,898,602 3.51% 37,470,349
Percent change 2.38% 10.47% 2.71% 5.66% 9.22% 0.58% -9.78% 4.12% 7.53%
Licenses, Fees, Fines, and Penalties 664,288 462,609 566,543 407,802 733,258 521,620 436,616 477,668 570,318 4,840,722 2.21% 6,296,982
Percent change 2.90% 11.36% -2.45% -4.94% 5.77% 0.35% -1.86% 8.46% 0.60%
State Health Service Fees and Rebates 3 582,016 921,766 678,797 130,841 1,437,229 759,723 441,286 503,029 142,535 5,597,222 9.02% 5,621,881
Percent change -25.22% 21.64% 119.39% -40.96% 17.95% 1.65% 13.19% -4.14% -23.50%
Net Lottery Proceeds4 140,815 148,996 198,582 167,798 249,545 176,119 197,277 185,009 211,830 1,675,973 16.58% 2,058,949
Percent change 0.89% 8.64% 4.48% 18.51% 70.54% 6.72% -5.27% 21.16% 34.93%
Land Income 122,283 242,089 123,050 149,494 152,509 148,471 167,323 227,179 138,973 1,471,372 17.49% 1,416,267
Percent change -27.29% 227.57% 11.10% 30.52% -22.52% -10.81% 1.89% 103.19% -4.60%
Interest and Investment Income 65,379 64,636 47,499 62,911 357,450 104,350 376,403 76,692 63,753 1,219,075 23.94% 1,506,872
Percent change 76.25% -5.80% -3.60% 18.47% 360.50% 9.00% 777.85% -71.24% -78.21%
Settlements of Claims  2,829 10,398 12,310 449,274 3,852 4,586 6,134 4,464 2,411 496,258 -4.08% 527,925
Percent change -8.14% 439.56% 294.13% -0.84% -45.22% -61.62% 220.45% -85.41% -48.57%
Escheated Estates 17,924 23,968 15,871 7,126 11,837 3,107 8,239 17,838 17,852 123,762 -75.00% 689,055
Percent change 84.44% -35.60% -18.16% -77.63% 118.38% -70.53% -23.22% -94.87% -20.94%
Sales of Goods and Services 20,490 22,217 21,652 23,548 30,216 20,822 24,192 24,043 24,812 211,991 -7.76% 308,618
Percent change -23.17% 14.05% 17.93% -22.28% 13.57% -15.73% -23.01% 1.52% -13.26%
Other Revenue  205,826 95,478 88,816 70,808 78,900 380,059 382,345 400,945 391,686 2,094,862 7.57% 3,270,756
Percent change -3.83% 42.56% -19.58% -26.14% -5.55% 18.26% 17.56% 25.10% -4.35%
Total Net Revenue $9,020,768 $9,021,823 $9,499,858 $8,476,394 $11,190,712 $10,618,580 $9,399,611 $9,254,184 $12,339,318 $88,821,248 7.49% $111,468,208
Percent change 1.33% 13.79% 10.13% 8.38% 13.59% 5.60% 4.85% 8.27% 3.41%

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.

Note: 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.