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January 2019 Revenue Report under...

January 2019 Revenue Report under estimate

By: Sarah Ulmer - February 7, 2019

The January 2019 Revenue Report has been released and this months reports are in the negative. For the month, the budget is 5.8 million below the sine die estimate, however the year to date report is over the estimate by 2.82 percent.

Total revenue collections for the month of January FY 2019 are $5,811,321 or 1.36% below the sine die revenue estimate. Fiscal YTD revenue collections through January are $84,634,179 or 2.82% above the sine die estimate. Fiscal YTD total revenue collections through January 2019 are $99,826,218 or 3.35% above the prior year’s collections.

Individual tax is down over one percent. Cooperate tax is up over 20 percent and Use tax is up over 19 percent.

Unemployment rates are at 4.7 percent in the state, the national average at 3.9 percent.

You can view the full report below:

FY 2019_ Revenue Report_01-… by 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