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End of 2018 Revenue Report is out and...

End of 2018 Revenue Report is out and the numbers are up

By: Sarah Ulmer - January 10, 2019

The December 2018 revenue report is out and collections are up for the end of the year.

Total revenue collections for the month of December FY 2019 are $40,980,914 or 8.50% above the sine die revenue estimate. Fiscal YTD revenue collections through December are $90,445,500 or 3.52% above the sine die estimate. Fiscal YTD total revenue collections through December 2018 are $85,510,649 or 3.32% above the prior year’s collections.

Numbers for the Use Tax, Corporate Tax, and Oil & Gas Severance tax are all up by at least 14%. The Insurance Premium tax is down over 11%.

The state unemployment rate is at 4.7% with the national average at 3.7%.

You can view the full report below: 

FY 2019_ Revenue Report_12-31-2018 by yallpolitics on Scribd

 

About the Author(s)
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Sarah Ulmer

Sarah is a Mississippi native, born and raised in Madison. She is a graduate of Mississippi State University, where she studied Communications, with an emphasis in Broadcasting and Journalism. Sarah’s experience spans multiple mediums, including extensive videography with both at home and overseas, broadcasting daily news, and hosting a live radio show. In 2017, Sarah became a member of the Capitol Press Corp in Mississippi and has faithfully covered the decisions being made by leaders on some of the most important issues facing our state. Email Sarah: sarah@magnoliatribune.com
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January 10, 2019

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