Quantcast

Pelican State News

Saturday, February 15, 2025

Louisiana sees more property tax revenue in Q3 2024

Webp f40611hrwe1et31aqr9wyrl3y17d

Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Louisiana collected $17 million in property taxes during the third quarter of 2024, a 112.5% increase over the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Property tax revenue for the second quarter of 2024 was $8 million.

Overall, Louisiana collected $4.1 billion in combined tax revenues in the third quarter of 2024, a decrease from the $4.9 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.

Q3 2024 Louisiana Tax Collections
Type of TaxAmount (millions)
Property Taxes$17
Sales and Gross Receipts Taxes$2,230
Income Taxes$1,486
License Taxes$220
Other Taxes$145
Source: U.S. Census Bureau

MORE NEWS