transparencyState Revenue

Monthly State Revenue WatchGeneral Revenue-Related Funds

Fiscal 2018

Updated June 2018

Data on net state revenue collections deposited to general revenue-related funds are displayed in the report below, both by month of collection and type of revenue source. General revenue-related funds affect the discretionary spending detailed in the General Appropriation Act, and consist of the General Revenue Fund, Available School Fund, State Technology Instructional Materials Fund, Foundation School General Revenue Dedicated Account and General Revenue Dedicated Account related to the Tobacco Settlement.

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 Tax $2,350,987 $2,448,338 $2,777,601 $2,737,942 $2,659,479 $2,603,812 $2,390,434 2,753,627 2,748,993 23,471,213 9.97% $30,380,032
Percent change 10.47% 6.90% 11.12% 12.31% 9.03% 8.59% 7.22% 13.44% 10.22%
Motor Vehicle Sales and Rental Taxes 384,010 446,523 411,626 411,123 423,758 418,178 379,801 289,469 423,061 3,587,551 9.08% 4,956,490
Percent change -2.73% 13.81% 9.07% 16.20% 4.90% 13.22% -5.21% 32.17% 12.08%
Motor Fuel Taxes 69,571 103,036 79,880 77,664 81,861 73,239 58,977 120,021 72,949 737,199 4.40% 969,006
Percent change 0.99% 14.10% -4.90% 15.70% -1.84% 0.66% 9.42% 5.81% 0.90%
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% 2,829,812
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 22,178 17,559 25,811 30,256 23,349 809,394 525,447 7,832 27,595 1,489,420 5.30% 2,566,315
Percent change 33.15% 7.81% 41.13% -13.03% 26.45% -1.86% 3.84% -119.15% 36.74%
Cigarette and Tobacco Taxes 34,729 109,729 43,462 52,315 38,955 38,004 54,117 47,200 58,189 476,699 -5.57% 576,624
Percent change -72.78% 188.55% -30.14% 68.71% -8.32% -5.86% -29.09% 129.02% -12.07%
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 12,552 14,776 16,846 19,384 15,831 14,819 16,404 18,600 18,903 148,116 127.69% 110,942
Percent change 147.56% 214.32% 111.65% 117.63% 141.89% 122.28% 142.00% 100.50% 106.67%
Total Tax Collections $3,289,850 $3,674,717 $3,854,928 $3,701,557 $3,787,259 $4,553,760 $4,135,591 $4,355,934 $7,170,665 $38,524,262 12.26% $47,852,176
Percent change 7.74% 13.77% 11.69% 19.48% 11.25% 11.70% 8.50% 24.74% 7.04%

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 $3,289,850 $3,674,717 $3,854,928 $3,701,557 $3,787,259 $4,553,760 $4,135,591 4,355,934 7,170,665 38,524,262 12.26% $47,852,176
Percent change 7.74% 13.77% 11.69% 19.48% 11.25% 11.70% 8.50% 24.74% 7.04%
Licenses, Fees, Fines, and Penalties 93,228 100,249 120,722 93,486 123,906 131,797 123,149 105,177 132,102 1,023,815 -2.02% 1,324,370
Percent change 1.98% -6.66% -0.45% -11.96% -2.53% -1.70% 3.92% -0.24% -1.09%
State Health Service Fees and Rebates 3 23,217 208,468 17,268 35,135 154,547 50,309 65,969 187,272 14,327 756,511 -10.90% 1,247,454
Percent change -40.03% 7.30% -3.75% -56.17% -26.62% 65.33% 81.11% -12.09% -47.88%
Net Lottery Proceeds4 142,966 83,341 88,827 95,596 105,639 109,406 97,316 122,801 132,941 978,833 18.02% 1,225,365
Percent change 51.16% 1.02% 7.21% 8.02% 23.00% 20.14% 1.33% 18.52% 27.40%
Land Income 901 138 474 550 528 666 633 650 874 5,414 -51.85% 14,075
Percent change -40.31% -89.74% -47.80% -52.82% -55.14% -57.26% -52.29% -42.79% -21.61%
Interest and Investment Income 109,326 107,312 102,353 99,738 97,663 99,955 97,815 102,054 102,786 919,004 17.35% 1,237,924
Percent change 45.72% -1.42% 17.21% 40.69% 8.82% -2.03% 35.69% 15.57% 15.69%
Settlements of Claims  940 8,316 10,412 446,589 2,094 1,503 4,314 1,489 297 475,956 -4.76% 500,395
Percent change 100.53% 1000.60% 589.95% -1.14% -55.57% -85.79% -1224.98% -94.90% -75.33%
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 10,730 9,506 11,041 9,785 12,005 10,171 9,976 9,851 11,638 94,704 1.37% 122,979
Percent change 4.43% 4.61% 65.65% -30.44% 28.52% 7.81% -22.55% 1.09% -2.42%
Other Revenue  44,952 45,247 16,756 25,444 22,456 33,165 43,905 30,904 38,304 301,134 1.44% 371,503
Percent change -18.33% 159.36% -48.56% 0.29% 12.76% -6.32% -10.85% 31.86% -0.33%
Total Net Revenue $3,734,035 $4,261,264 $4,238,652 $4,515,005 $4,317,935 $4,993,839 $4,586,908 $4,933,970 $7,621,788 $43,203,394 10.16% $54,585,296
Percent change 8.85% 12.46% 10.91% 13.79% 9.09% 10.92% 9.00% 11.79% 6.92%

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.