April 2013 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 show the State collected a net total of $12,473,998,000 in personal income taxes in April, bringing fiscal year-to-date personal income tax revenues as of April 30 to $55.778 billion.
The Governor's budget estimated a total of $12.746 billion in income taxes would be collected in April, bringing projected fiscal year-to-date personal income tax revenues as of April 30 to $51.414 billion.
Last year, personal income taxes accounted for 60.74 percent of all State General Fund revenues. Of those receipts, 14.14 percent arrived during the month of April.
Preliminary Report of California State Personal Income Tax Revenues - Month of April 2013 (In Thousands of Dollars)*
This chart provides year-to-date figures for April 2013 that reflect the amount of personal income taxes received, minus refunds paid. For comparison, the chart also includes income tax receipts from April 2012.
Date | Daily Personal Income Taxes (Receipts And Withholding Minus Refunds) |
Fiscal 2012-13 Year-To-Date Personal Income Tax Revenues |
Fiscal 2011-12 Year-To-Date Personal Income Tax Revenues |
---|---|---|---|
March Balance | $ | $43,304,452 | $33,638,046 |
April 1 | --- | --- | --- |
April 2 | 75,688 | 43,380,140 | 33,591,305 |
April 3 | 437,548 | 43,817,688 | 33,737,997 |
April 4 | 218,810 | 44,036,498 | 34,110,426 |
April 5 | 51,183 | 44,087,681 | 34,134,296 |
April 6 | --- | --- | 34,561,780 |
April 7 | --- | --- | --- |
April 8 | 492,076 | 44,579,757 | --- |
April 9 | 95,323 | 44,675,080 | 34,580,570 |
April 10 | 274,867 | 44,949,947 | 34,718,292 |
April 11 | 256,525 | 45,206,472 | 34,911,662 |
April 12 | 563,459 | 45,769,931 | 34,922,480 |
April 13 | --- | --- | 35,155,779 |
April 14 | --- | --- | --- |
April 15 | 847,636 | 46,617,567 | --- |
April 16 | 2,556,336 | 49,173,903 | 35,583,435 |
April 17 | 2,939,353 | 52,113,256 | 36,312,900 |
April 18 | 1,188,804 | 53,302,060 | 37,947,753 |
April 19 | 16,529 | 53,318,589 | 38,927,215 |
April 20 | --- | --- | 39,422,966 |
April 21 | --- | --- | --- |
April 22 | 837,391 | 54,155,980 | --- |
April 23 | 680,846 | 54,836,826 | 39,945,266 |
April 24 | 295,398 | 55,132,224 | 40,177,059 |
April 25 | 290,332 | 55,422,556 | 40,386,057 |
April 26 | 293,215 | 55,715,771 | 40,373,096 |
April 27 | --- | --- | 40,594,503 |
April 28 | --- | --- | --- |
April 29 | (84,121)** | 55,631,650 | --- |
April 30 | 146,800 | 55,778,450 | 40,808,836 |
Monthly Total | 12,473,998 |
*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