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Governor Perdue Announces April Revenue Figures

ATLANTA May 9, 2008) – Governor Sonny Perdue announced today that net revenue collections for the month of April 2008 (FY08) totaled $1,761,180,000 compared to $1,309,159,000 for April 2007 (FY07), an increase of $452,021,000 or 34.5 percent.

   The percentage increase year-to-date for FY08 compared to FY07 is 4.7 percent.

   "The dramatic rise in revenues this month is primarily the result of process improvements made by the Department of Revenue, including hiring an outside vendor to help process hundreds of thousands of additional payments when compared to this time last year," Governor Perdue said. "While this looks like great news for the month of April, we anticipate revenues in the coming months will slow and balance this one month spike."

 


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