The Scott administration is reporting an uptick in tax revenues for January.
Receipts for the general fund were up by $3.12 million last month.
Overall general fund revenues for the first seven months of fiscal year 2017 are 3.1 percent, or $24.56 million, above tax collections for the same period in fiscal year 2016.
Susanne Young, the secretary of the Agency of Administration, said in a statement that the governor’s office is pleased “to begin the second half of FY2017 ahead of projections but realize one positive month does not make a trend, we will continue to monitor closely.”
Last year personal income tax receipts were lagging. So far this year, revenues from individual income taxpayers are up by $10 million. Corporate taxes, however, have fallen by $18 million in the first seven months of the year.
