April 2012 California Personal Income Tax Daily Revenue Tracker

Because personal income taxes are a major source of revenue to the State, and because April is a big month for tax receipts, State Controller John Chiang provided a daily tally of personal income taxes for the month.

Preliminary reports from April 1-30 show the State collected a net total of $7.171 billion in personal income taxes. The Governor's latest budget estimate projected income taxes would total $9.132 billion for the month.

Last year, personal income taxes accounted for 54.06 percent of all State General Fund revenues. Of those receipts, 14.11 percent arrived during the month of April.

This chart provides year-to-date figures for April 2012 that reflect the amount of personal income taxes received, minus refunds paid. For comparison, the chart also includes income tax receipts from April 2011.

Preliminary Report of California State Personal Income Tax Revenues - Month of April 2012 (In Thousands of Dollars)*

Date Daily Personal Income Taxes (Receipts And Withholding Minus Refunds) Fiscal 2011-12
Year-To-Date Personal Income Tax Revenues		 Fiscal 2010-11
Year-To-Date Personal Income Tax Revenues
March Balance   $33,638,046 $33,915,115
April 1 --- --- $33,872,567
April 2 (46,741)** 33,591,305 ---
April 3 146,692 33,737,997 ---
April 4 372,429 34,110,426 $34,163,006
April 5 23,870 34,134,296 $34,329,048
April 6 427,484 34,561,780 $34,646,137
April 7 --- --- $34,773,813
April 8 --- --- $34,907,813
April 9 18,790 34,580,570 ---
April 10 137,722 34,718,292 ---
April 11 193,370 34,911,662 $34,926,136
April 12 10,818 34,922,480 $35,140,747
April 13 233,299 35,155,779 $35,329,364
April 14 --- --- $35,542,506
April 15 --- --- $36,064,767
April 16 427,656 35,583,435 ---
April 17 729,465 36,312,900 ---
April 18 1,634,853 37,947,753 $36,806,437
April 19 979,462 38,927,215 $37,953,976
April 20 495,751 39,422,966 $39,190,024
April 21 --- --- $39,514,789
April 22 --- --- $40,129,232
April 23 522,300 39,945,266 ---
April 24 231,793 40,177,059 ---
April 25 208,998 40,386,057 $40,276,338
April 26 (12,961)** 40,373,096 $40,506,441
April 27 221,407 40,594,503 $40,707,441
April 28 --- --- $40,695,370
April 29 --- --- $40,970,389
April 30 214,333 40,808,836 ---
Monthly Total 7,170,790    

*The table above shows the most recent personal income tax revenues, which include payroll withholdings, taxes received and refunds paid out. The reconciliation of these numbers can take up to two days. Final April revenues may not be known until the first week of May due to delivery and processing requirements and the large volume of tax filings received.

**A negative figure indicates that the daily refund total outpaced daily receipts and withholdings.

Source: California State Controller's Office