Missouri Experiences Revenue Growth
May 4, 2022 11:57PM CDT
Missouri’s revenue increased more than 40 percent when compared to last April. The April 2022 figure was $1.34 billion dollars compared to $952.9 million last year.
Individual income tax collections were up 5.1 percent for the year and 32.5 percent for the month. Sales and use tax collections were up 15 percent for the year and 14.2 percent for the month.
Corporate income and corporate franchise taxes were up 9.7 percent for the year and 5.7 percent for the month.