Total State Revenues for 2010-2011

Posted: Oct 11, 2010 11:32 AM
Updated: Oct 11, 2010 11:56 AM

BATON ROUGE, LA - The September 2010 Net Receipts Report shows that total state revenues for 2010-2011 to-date (July - September) are $1.707 billion, for a decrease of $140 million or 8 percent compared to last year.

Total revenues this time last year were $1.847 billion, which was $320 million less than the prior year for a decrease of 15 percent.
General sales tax cash receipts for the current fiscal year to-date are $647 million, for an increase of $14 million or 2 percent compared to last year. General sales tax cash receipts this time last year were $633 million, which was $122 million less than the prior year for a decrease of 16 percent.
Individual income tax cash receipts for FY 2010-2011 to-date are $621 million, for a decrease of $51 million or 8 percent compared to last year.

Individual income tax cash receipts this time last year were $672 million, which was $6 million less than the prior year for a decrease of 1 percent.
General severance tax cash receipts for FY 2010-2011 to-date are $185 million, for a decrease of $10 million or 5 percent compared to last year. General severance tax cash receipts this time last year were $195 million, which was $150 million less than the prior year for a decrease of 43 percent.

Corporation and franchise tax cash receipts for FY 2010-2011 to-date are $45 million, for a decrease of $91 million or 67 percent compared to last year. Corporation and franchise tax cash receipts this time last year were $136 million, which was $8 million less than the prior year for a decrease of 6 percent.

Gasoline and special fuels tax cash receipts for FY 2010-2011 to-date are $157 million, for an increase of $5 million or 3 percent compared to last year. Gasoline and special fuels cash receipts this time last year were $152 million, which was $17 million less than the prior year for a decrease of 10 percent.

Miscellaneous taxes cash receipts for FY 2010-2011 to-date are $52 million, for a decrease of $7 million or 12 percent compared to last year. Miscellaneous taxes cash receipts this time last year were $59 million, which was $17 million less than the prior year for a decrease of 22 percent.

To view the report in its entirety, visit www.latreasury.com and click "Net Receipts Statement for the Month of September 2010."