Rhode Island collected $34.7 million more in sales tax from July through October than it did a year earlier, a 6.3 percent increase, according to a Division of Taxation report with data as of Nov. 5. Collections were $586.8 million, compared with $552.2 million in the same four months of 2025.

October alone brought in $143.7 million, up $9.0 million or 6.7 percent from $134.7 million in October 2025. Net sales-tax receipts, which also count registry receipts, refunds and other adjustments, were $651.3 million, up $44.8 million or 7.4 percent from $606.5 million.

The report compares collections with the same months a year earlier. It does not compare them with the estimate in the enacted fiscal 2027 budget, so it does not show whether the state is ahead of what it planned on. A rise over last year can still fall short of a forecast.

Income tax and withholding

Net personal income tax receipts were $643.9 million for the four months, up $17.9 million or 2.9 percent from $626.0 million. Withholding, the tax employers take out of paychecks, was $565.3 million, up $27.8 million or 5.2 percent from $537.5 million.

The report's separate total withholding column does not compare cleanly. It shows $566.4 million against $557.3 million, a 1.6 percent gain. But the 2025 total includes $18.5 million in state-payroll transfers, and the column shows none for 2026. The report does not say why.

Corporate payments

Estimated corporate payments, the advance payments companies make toward their tax bills during the year, totaled $126.6 million for July through October. The report's total includes two pass-through categories as well as the corporate column. That is $38.9 million, or 44 percent, more than the $87.7 million of a year earlier. The September payment was $95.0 million, compared with $65.4 million. Estimated payments are one part of corporate tax receipts.

What comes next

The Division of Taxation prepared the report as testimony for the state's revenue estimating conference, and it was posted to the General Assembly's conference page on Nov. 6. The conference meets at 9 a.m. Tuesday, Nov. 10, according to the Legislature's media advisory. The State Budget Officer, House Fiscal Advisor and Senate Fiscal Advisor must reach a consensus on general-revenue estimates for the current fiscal year and the budget year. The meeting will be televised on Capitol Television and streamed at capitoltvri.cablecast.tv.