Georgia tax collections continued to fall last month, dropping 1.1% compared to May of last year, the state Department of Revenue reported Friday.

Georgia tax collections continued to fall last month, and even the gasoline sales tax failed to lift the state out of the red.

Georgia tax collections declined by 5% last month, down $159.1 million from the $3.21 billion in taxes the state Department of Revenue brought in during December 2022.

For the second month in a row, Georgia tax collections last month were in the black compared to September of last year only because the state’s tax on gasoline and other motor fuels wasn’t in force then.

The federal government's budget gap widened significantly in the first nine months of the fiscal year, as tax receipts slumped and spending increased.