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Georgia's Net Tax Collections Dip 0.1% in February
State sees slight decrease in tax revenue compared to previous year
Mar. 12, 2026 at 8:55pm
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The State of Georgia's net tax collections in February 2026 totaled $2.12 billion, a decrease of $2.4 million or 0.1% compared to February 2025. Year-to-date, net tax revenue collections through eight months totaled roughly $21.88 billion, an increase of 1.6% compared to the same period in the prior fiscal year.
Why it matters
Tax revenue is a key indicator of economic activity and financial health for the state. This slight dip in February collections, while modest, could signal some economic slowdown or shifts in consumer and business behavior that are worth monitoring.
The details
The decrease was driven by a 4.1% drop in Individual Income Tax collections and a 22.8% decline in Corporate Income Tax. However, Sales and Use Tax increased by 6.5%, and Motor Fuel Tax collections were up 3.5%. Motor Vehicle Tag, Title & Fees saw a small decline of 1.1% to 3%.
- Georgia's net tax collections were reported for the month of February 2026.
- Year-to-date tax revenue figures cover the first eight months of the fiscal year.
The players
State of Georgia
The government of the U.S. state of Georgia, which collects various taxes to fund state operations and services.
The takeaway
While the 0.1% dip in February tax collections is relatively small, it bears watching to see if this modest decline is an isolated incident or the start of a broader economic slowdown in Georgia. State officials will likely monitor the situation closely in the coming months.
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