Georgia June Tax Collections Down, But Fiscal Year Ends Slightly Ahead

Georgia’s net tax collections fell in June, but the state still ended Fiscal Year 2026 slightly ahead of the previous year.

According to the Governor’s Office, June net tax revenue totaled nearly $2.95 billion, down $215.1 million, or 6.8 percent, compared to June of last year. However, year-to-date collections through June 30 totaled $33.75 billion, an increase of $129.5 million, or 0.4 percent, over Fiscal Year 2025.

State officials say the monthly comparison was heavily affected by Georgia’s motor fuel excise tax suspension, which began March 20 and remained in effect until June 3. Without the motor fuel tax impact, June revenues were down only 0.6 percent, while full-year collections were up nearly 1.6 percent.

Individual income tax collections were down 6.7 percent in June, while sales tax collections increased 6.8 percent and corporate income tax collections rose 7 percent. Motor fuel tax collections dropped 98.5 percent, reflecting the temporary suspension ordered by Governor Brian Kemp.

Motor vehicle tag and title fees and title ad valorem tax collections were also down compared to June 2025.

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