April 2015 California Personal Income Tax Daily Revenue Tracker
Last fiscal year, personal income taxes accounted for 65.2 percent of all State General Fund revenues. Of those receipts, 16.6 percent arrived during the month of April.
This year, as of the end of March, preliminary reports of General Fund receipts for the 2014-15 fiscal year totaled $48.1 billion, which is 2.2 percent higher than anticipated in the budget proposal released by Gov. Jerry Brown in January.
The governor's budget estimates a total of $12.2 billion in personal income tax will be collected in April. The chart below compares the running total to the $12.2 billion estimate of April personal income tax receipts. The total consists of personal income tax receipts minus refunds.
April 2015 Preliminary Report of California Personal Income Tax Revenues (In Thousands of Dollars)*
Date | Daily Personal Income Taxes (Receipts And Withholding Minus Refunds) | Fiscal 2014-15 Year-To-Date Personal Income Tax Revenues |
Fiscal 2013-14 Year-To-Date Personal Income Tax Revenues |
---|---|---|---|
March Balance | $48,062,000 | $42,810,600 | |
April 1 | 131,600 | 48,193,600 | 42,828,000 |
April 2 | 439,700 | 48,633,300 | 43,235,300 |
April 3 | 147,600 | 48,780,900 | 43,419,500 |
April 4 | *** | *** | 43,648,800 |
April 5 | *** | *** | 43,648,800 |
April 6 | 484,400 | 49,265,300 | 43,648,800 |
April 7 | 118,700 | 49,384,000 | 44,094,600 |
April 8 | 507,000 | 49,891,000 | 44,184,400 |
April 9 | 143,700 | 50,034,700 | 44,440,200 |
April 10 | 507,900 | 50,542,600 | 44,543,700 |
April 11 | *** | *** | 44,929,500 |
April 12 | *** | *** | 44,929,500 |
April 13 | 328,600 | 50,871,200 | 44,929,500 |
April 14 | 653,100 | 51,524,300 | 45,330,200 |
April 15 | 1,541,400 | 53,065,700 | 46,375,900 |
April 16 | 2,754,200 | 55,819,900 | 49,051,300 |
April 17 | 2,191,100 | 58,011,000 | 50,640,300 |
April 18 | *** | *** | 51,375,000 |
April 19 | *** | *** | 51,375,000 |
April 20 | 1,073,900 | 59,084,900 | 51,375,000 |
April 21 | 450,900 | 59,535,800 | 51,723,100 |
April 22 | 296,700 | 59,832,500 | 52,131,000 |
April 23 | 359,600 | 60,192,100 | 52,446,800 |
April 24 | 688,300 | 60,880,400 | 52,871,100 |
April 25 | *** | *** | 53,495,200 |
April 26 | *** | *** | 53,495,200 |
April 27 | 468,700 | 61,349,100 | 53,495,200 |
April 28 | 75,900 | 61,425,000 | 53,338,900 |
April 29 | 274,300 | 61,699,300 | 53,574,100 |
April 30 | 154,600 | 61,853,900 | 53,764,400 |
Monthly Total | $13,791,900 | $61,853,900 | $ 53,764,400 |
*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.
***No transactions are posted on weekends.
Source: California State Controller's Office