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October Revenue Report numbers up $42.7...

October Revenue Report numbers up $42.7 million over estimate

By: Sarah Ulmer - November 10, 2020

Total revenue collections for the month of October FY 2021 are $42,736,416 or 8.65% above the sine die revenue estimate. Fiscal YTD revenue collections through October 2020 are $174,673,062 or 9.23% above the sine die estimate. Fiscal YTD total revenue collections through October 2020 are $227,797,345 or 12.38% above the prior year’s collections. The FY 2021 Sine Die Revenue Estimate is $5,690,700,000.

The graph above compares the actual revenue collections to the sine die revenue estimate for each of the main tax revenue sources. The figures reflect the amount the actual collections for Sales, Individual, Corporate, Use and Gaming taxes were above or below the estimate for the month and fiscal year-to-date. The graph also compares fiscal year-to-date actual collections to prior year actual collections, as of October 31, 2020.

View the full report below: 

FY 2021_ Revenue Report_10-31-2020 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