Quantcast

Magnolia State News

Sunday, December 22, 2024

Mississippi's property tax revenues unchanged in Q2 compared to same quarter of the previous year

Webp fzm0emtzxtut8hf1xzvq7b5t9sz7

Chris Graham, Commissioner of Revenue | Mississippi Department of Revenue

Chris Graham, Commissioner of Revenue | Mississippi Department of Revenue

Mississippi collected $7 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 unchanged from the same quarter the previous year.

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, Mississippi collected $2.9 billion in combined tax revenues in Q2.

Q2 Mississippi Tax Collections

Type of TaxAmount (millions)
Income Taxes$958
License Taxes$106
Other Taxes$12
Property Taxes$7
Sales and Gross Receipts Taxes$1,854

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