Mo releases May 2026 General Revenue Report

JEFFERSON CITY, Mo. –State Budget Director Dan Haug has announced that net general revenue collections for May 2026 decreased 11.1 percent compared to those for May 2025, from $1.54 billion last year to $1.37 billion this year.

Net general revenue collections for 2026 fiscal year-to-date decreased 2.1 percent compared to May 2025, from $12.15 billion last year to $11.90 billion this year.

GROSS COLLECTIONS BY TAX TYPE

Individual income tax collections

  • Decreased 0.0 percent for the year, from $8.42 billion last year to $8.42 billion this year.
  • Decreased 11.8 percent for the month.

Pass through entity tax collections

  • Decreased 19.1 percent for the year, from $678.0 million last year to $548.7 million this year.
  • Decreased 13.2 percent for the month.

Sales and use tax collections

  • Increased 4.3 percent for the year, from $2.96 billion last year to $3.09 billion this year.
  • Decreased 1.9 percent for the month. 

Corporate income and corporate franchise tax collections

  • Decreased 20.8 percent for the year, from $825.0 million last year to $653.5 million this year.
  • Decreased 18.7 percent for the month.

All other collections

  • Increased 0.8 percent for the year, from $942.8 million last year to $949.9 million this year.
  • Decreased 7.5 percent for the month.

Refunds

  • Increased 5.3 percent for the year, from $1.67 billion last year to $1.76 billion this year.
  • Increased 4.7 percent for the month.

The figures included in the monthly general revenue report represent a snapshot in time and can vary widely based on a multitude of factors.