October 2024 General Fund Receipts
Personal Income Tax
Personal income tax receipts totaled $440.0 million during October 2024. This is a $92 million or 26.4 percent increase from the receipts of October 2023. Withholding tax receipts increased $5.8 million or 2.3 percent compared to last year. Estimated payments decreased $47 million compared to last year. Final return payments increased $133.3 million. Fiscal year-to-date, personal income tax receipts totaled $1,591.0 million, an increase of 11.6 percent. The estimate for personal income tax for fiscal year 2025 is for an increase of 9.2 percent.
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