Gov. Nathan Deal announced Monday that Georgia’s net tax collections for June totaled nearly $1.82 billion, an increase of $55.2 million, or 3.1 percent, compared to June 2014.

Net tax revenue collections for the completed fiscal year totaled approximately $19.03 billion for an increase of nearly $1.15 billion, or 6.4 percent, compared to the previous fiscal year, when net tax revenues totaled $17.88 billion. Year-to-date gross tax deposits, before refunds and distributions to local governments, totaled $26.44 billion, which was an increase of $1.5 billion, or 6 percent, compared to the year-end total for FY 2014.

The changes within the following tax categories account for June’s overall net tax revenue increase:
Individual income tax: Individual income tax collections for June totaled nearly $913.9 million, up from a total of nearly $885.3 million in June 2014, for an increase of $28.6 million, or 3.2 percent.

Sales and use tax: Gross sales tax collections deposited during the month totaled $868.1 million, which was an increase of almost $23.3 million, or 2.8 percent, compared to June 2014. Furthermore, net sales tax revenue increased $12.6 million, or 2.8 percent, compared to June 2014, when net sales tax totaled $448.8 million.

The adjusted distribution of sales tax to local governments totaled nearly $400 million, for an increase of roughly $5.3 million, or 1.3 percent, compared to last year. Sales tax refunds increased $5.4 million compared to June 2014.

Corporate income tax: Corporate income tax collections for June decreased $8.5 million, or -4.2 percent, compared to June 2014, when net corporate tax revenues totaled $201 million.

Motor vehicle tag and title fees: Fee collections totaled nearly $112.9 million, for an increase of $20.5 million, or 22.2 percent compared to June 2014, when net collections totaled $92.4 million.