Department Releases June Revenue Collections

For Release: July 18, 2008
Contact: Jessica Iverson, Communications Officer, 608-266-2300

This report includes general purpose revenue (GPR) taxes collected by the Wisconsin Department of Revenue, and does not include taxes collected by the Office of the Commissioner of Insurance (OCI), administrative fees, and other miscellaneous revenues. Total General Fund tax collections are reported in the Department of Administration's Report of Monthly General Fund Financial Information, which includes GPR and program revenue taxes collected by all state agencies.

Department of Revenue Collections, June FY2008

($ thousands)

 

Collections for Month

Collections to Date

Revenue Source

FY 2007

FY 2008

% change

FY 2007

FY 2008

% change

Individual Income*

561,588

753,101

34.1%

6,158,807

6,361,955

3.3%

General Sales & Use

372,648

384,353

3.1%

3,796,440

3,853,283

1.5%

Corporation Franchise & Income*

164,506

135,478

-17.6%

915,046

821,003

-10.3%

Cigarette

26,125

46,938

79.7%

269,260

398,033

47.8%

Tobacco Products

1,485

3,917

163.7%

15,984

25,838

61.6%

Other

10,944

6,531

-40.3%

519,765

548,878

5.6%

TOTAL GPR TAXES

$1,137,296

$1,330,319

17.0%

$11,675,302

$12,008,990

2.9%

* Individual Income includes 83% of pass-thru withholding and Corporate Franchise & Income includes the remaining 17%. Individual Income also includes prior-year recovery accounts 9549 and 9563.

+ The 'Other' category includes beer, liquor and wine, estate, utility, and real estate transfer fee collections.

 

Notes:

 

Page last updated July 16, 2008