Quantcast

Pelican State News

Sunday, November 17, 2024

Louisiana's property tax revenues up 14.3% in Q2 compared to same quarter of the previous year

Webp f40611hrwe1et31aqr9wyrl3y17d

Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Louisiana collected $8 million in property taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

This represents a 14.3% increase over the same quarter the previous year, when property tax revenues were $7 million.

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 it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments. Also, not all states collect all types of taxes.

Overall, Louisiana collected $4.9 billion in combined tax revenues in Q2.

Q2 Louisiana Tax Collections

Type of TaxAmount (millions)
Income Taxes$2,044
License Taxes$428
Other Taxes$182
Property Taxes$8
Sales and Gross Receipts Taxes$2,209

Source: U.S. Census Bureau

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS