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September 2024 General Fund Receipts

Personal Income Tax

Personal income tax receipts totaled $402.4 million during September 2024.  This is a $36 million or 9.8 percent increase from the receipts of September 2023. Withholding tax receipts increased $18.3 million or 6.2 percent compared to last year. Estimated payments decreased $47 million compared to last year.  Final return payments increased $64.5 million.  Fiscal year-to-date, personal income tax receipts totaled $1,151.0 million, an increase of 6.8 percent.  The estimate for personal income tax for fiscal year 2025 is for an increase of 10.6 percent.

Access September 2024 General Funds Receipts Memo

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