Alabama’s tax collections a mixed bag, predict economy is slowing

The Public Affairs Research Council of Alabama (PARCA) is a nonpartisan research organization focused on helping state and community leaders make better-informed public policy decisions. After several years of consecutive growth, a new analysis of state tax revenues predicts the era of big budget increases may be coming to an end. The Public Affairs Research Council of Alabama today released a new report on the trends in revenue supporting the state government, Alabama State Tax Collections, 2023. For this report, PARCA closely examined the various revenue sources from which the state collects