Quantcast

Magnolia State News

Tuesday, December 24, 2024

Mississippi collects $26 million in property tax revenue in Q1 2020

Adobestock 314277037

Adobe Stock

Adobe Stock

Mississippi collected $26 million in property taxes during the first quarter of 2020, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

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.

Overall, Mississippi collected $1.9 billion in combined tax revenues in the first quarter.

First Quarter Mississippi Tax Collections
Type of TaxAmount (in millions of dollars)
Property Taxes$26
Sales and Gross Receipts Taxes$1,272
Income Taxes$498
License Taxes$108
Other Taxes$10
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