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The October income report confirmed that income was up $84.5 million over the earlier estimates for FY2023.
Whole income collections for the month of October FY 2023 are $84,478,628 or 14.39% above the sine die income estimate. Fiscal YTD income collections by October 2022 are $323,773,602 or 14.75% above the sine die income estimate. Fiscal YTD complete income assortment by October 2022 are $291,030,474 or 13.07% above the prior 12 months’s collections. The FY 2023 Sine Die Income Estimate is $6,987,400,000.
The graph above compares the precise income collections to the sine die income estimate for every of the principle tax income sources. The figures mirror the quantity the precise collections for Gross sales, Particular person, Company, Use and Gaming taxes have been above or under the estimate for the month and financial year-to-date. The graph additionally compares fiscal year-to-date precise collections to prior 12 months precise collections, as of October 31, 2022.
October FY 2023 Common Fund collections have been $87,708,177 or 15.02% over October FY 2022 precise collections. Gross sales tax collections for the month of October have been above the prior 12 months by $18.9M. Particular person earnings tax collections for the month of October have been above the prior 12 months by $53.6M. Company earnings tax collections for the month of October have been above the prior 12 months by $10.5M.
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Revenue Report October 2022 by yallpolitics on Scribd
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