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Thursday, November 21, 2024

Property tax revenue up 8,057.1% from previous quarter in Kansas

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Mark Burghart, Director Department of Revenue | Kansas Department of Revenue

Mark Burghart, Director Department of Revenue | Kansas Department of Revenue

Kansas collected $571 million in property taxes during the first quarter, an 8,057.1% increase over the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Property tax revenue for the fourth quarter of 2023 was $7 million.

Overall, Kansas collected $3.3 billion in combined tax revenues in the first quarter, an increase from the $2.8 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.

Q1 Kansas Tax Collections
Type of TaxAmount (millions)
Property Taxes$571
Sales and Gross Receipts Taxes$1,415
Income Taxes$1,206
License Taxes$134
Other Taxes$4
Source: U.S. Census Bureau

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