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