California State Controller John Chiang offers this daily tax tracker to follow personal income taxes, sales and use taxes and corporate taxes -- the three major sources of revenue for the State.

The site will be updated regularly throughout each business day. Preliminary posts use dollar figures from tax administration agencies, while the following day the Controller will post reconciled (actual cash) figures. The latest figures are always available via direct download. Preliminary sales tax figures, along with personal income tax withholdings will be available by 10:30 a.m., followed by total personal income and corporate tax receipts, along with final sales tax numbers between 1:30 and 4:00 p.m. the same business day.

The chart on the right of this screen tracks the cumulative total of income, sales and corporate tax and compares it against estimated benchmarks for the month.

Tuesday, April 8, 2014

April 15 A Week Away

Californians have one week to complete their tax returns, but some of the early (earlier) birds have already paid.  Between Monday and today, Tuesday, April 8, the Franchise Tax Board has collected somewhere around $300 million in personal income tax receipts according to preliminary figures.   Including the revenues from withholding for individuals and netting out refunds, the two-day take has been about $680 million.  This is about $100 million more than was collected during the comparable two-day period last year.
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