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Saturday, February 15, 2025

Louisiana's Q4 2023 property tax revenue down 6.3% from previous quarter

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Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Louisiana collected $15 million in property taxes during the fourth quarter of 2023, a 6.3% decrease from the third quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Property tax revenue for the third quarter of 2023 was $16 million.

Overall, Louisiana collected $3.9 billion in combined tax revenues in the fourth quarter of 2023, an increase from the $3.8 billion collected in the previous quarter.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q4 2023 Louisiana Tax Collections
Type of TaxAmount (millions)
Property Taxes$15
Sales and Gross Receipts Taxes$2,077
Income Taxes$1,311
License Taxes$210
Other Taxes$233
Source: U.S. Census Bureau

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