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Saturday, November 23, 2024

Kansas' Q4 2023 property tax revenue down 73.1% from previous quarter

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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 $7 million in property taxes during the fourth quarter of 2023, a 73.1% decrease from the third quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Property tax revenue for the third quarter of 2023 was $26 million.

Overall, Kansas collected $2.8 billion in combined tax revenues in the fourth quarter of 2023, a decrease from the $2.9 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.

Q4 2023 Kansas Tax Collections
Type of TaxAmount (millions)
Property Taxes$7
Sales and Gross Receipts Taxes$1,396
Income Taxes$1,325
License Taxes$86
Other Taxes$15
Source: U.S. Census Bureau

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