The state netted about $1.3 billion last month, most of it coming from income and sales taxes, Georgia officials said Monday.
The total was a jump from October 2004, when the state received $1.18 billion in tax collections, state officials said.
One of the biggest changes from last October include income from motor fuel taxes, which dropped from $63 million a year ago to about $7 million last month.
The other major difference was corporate income tax, which jumped to $86 million this year from $28 million a year ago a 206 percent increase.
October was the fourth month of the state's fiscal year. To date, the state has collected nearly $5.2 billion, a 9.4 percent increase from the first four months of 2004.
Growth in population and business is driving the numbers, said Charles Willey, a spokesman for the Georgia Department of Revenue.
``We've had now four months of continual upswing as reported in collections. That's a good indication of the state's economy,'' he added.
(Copyright 2005 by The Associated Press. All Rights Reserved.)
Marketplace
"How to be Clark Smart in a Recession" Online Seminar sponsored by Associated Credit Union. Details
Read the AJC and stay on top of everything in Atlanta! Get delivery for less than $2 a week!
Join Channel 2 Action News anchors John Pruitt and Monica Pearson at 5, 6, and 11pm.




