BREAKING
BREAKING: Single-engine plane crashes near Memorial Park Drive
A single-engine plane crashed in the Memorial Park Drive area of Gainesville, police said. Memorial Park Drive at Cross Street is closed, and police are asking for drivers to take alternate routes. The Times has staff members headed to the scene.
Full Story
By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
May tax revenues up 4.1 percent in Georgia
Placeholder Image

Gov. Nathan Deal announced Monday that Georgia’s net tax collections for May were about $1.56 billion, an increase of $58.6 million, or 4.1 percent, year over year.

Collections for the year are up to $18.91 billion, a 9.9 percent compared with the first five months of 2015.

The transportation tax passed in 2015 generated $72.7 million in May.

Individual income tax collections for the month totaled $740.8 million, up from $707.2 million in May 2015, for an increase of $33.6 million, or 4.8 percent.

Net sales and use tax revenue increased $19.8 million, or 4.5 percent, compared to last year when net sales and use taxes totaled nearly $443 million.

The distribution of sales tax to local governments totaled $401.7 million, which was an increase of $2.9 million, or 0.7 percent, over the previous fiscal year.

Corporate income tax collections in May totaled $27.1 million, a decrease of nearly $3.3 million, or 10.8 percent, compared to last year.

Regional events