The Georgia Department of Revenue reported last week that Georgia’s net tax collections for October 2024 were $2. 53 billion, down by 3. 4% from October 2023. Year-to-date collections were $10. 64 billion, a decrease of 0. 6% from the previous year. October’s decrease was partially due to the motor fuel tax suspension in 2023. Income tax collections were down, impacted by the extension of tax filing deadlines due to hurricanes. Individual income tax collections were down by 8. 7%, including a decrease in refunds and payments. Sales and Use Tax collections increased slightly, while Corporate Income Tax collections decreased significantly by 47. 4%. Motor Fuel Tax collections increased notably due to the suspension of the fuel tax in October 2023. Motor Vehicle Tag & Title Fee collections remained flat, while Title ad Valorem Tax collections decreased.