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Georgia’s tax collections in April were up nearly 80% from year before

(The Center Square) — Georgia continues to see increased revenues, as the state’s net tax collections for April increased 78.9% over a year ago. The state took in more than $5 billion, an increase of $2.2 billion from a year ago. So far this year, net tax collections topped $27.5 billion, an increase of roughly 26.7%, or $5.8 billion, from last fiscal year. Officials say year-over-year comparisons of tax collections are difficult because of the

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Georgia Lottery amasses $367.2M in profits for last quarter

(The Center Square) — The Georgia Lottery brought in more than $367.2 million in profits during the third quarter of fiscal 2022, state officials said. For the first three quarters of fiscal 2022, between July 1, 2021, and March 31, the lottery transferred more than $1.1 billion to the state’s Lottery for Education Account. Since its inception, the lottery has transferred more than $24.6 billion to the state. “Our solid third-quarter performance is great news