Missouri general revenue collections rise 4% in fiscal year to date

Missouri's general revenue collections have seen upward movement through November, according to the latest data from the state Office of Administration.

During the first five months of fiscal 2026, net general revenue collections totaled $5.05 billion, an increase from $4.84 billion at the same time in fiscal 2025, according to a news release.

Gross collections by tax type for fiscal 2026, year to date through November, are as follows:
• Individual income tax collections increased 5.5% to $3.3 billion
• Pass-through entity tax collections fell by 15.6% to $115.6 million
• Sales and use tax collections were up 1.8% to nearly $1.4 billion
• Corporate income and corporate franchise tax collections dropped by 23.9% to $228.4 million
• All other collections rose by 7.1% to $384.6 million
• Refunds decreased by 17.6% to $365.9 million

For the month of November, net general revenue collections were $1.08 billion, a 16.2% increase from $931.7 million in the same month of 2024, according to the release.