There was a slight decline in Georgia tax revenues in the month of November, according to numbers released by the Georgia Department of Revenue on Friday of last week. The state collected almost $2.29 billion in November, which was down $2.4 million or about a tenth-of-a-point from the same time last year. Last month marked the first time in over a year that tax revenues have been lower. Still, the state has over $6.6 billion in surplus revenue. One area that is causing a dip in state revenues is the motor fuel tax, which is down over 99% since Governor Kemp suspended state tax for most motor fuel. The governor announced another extension of the fuel tax again last week.
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