Quantcast

Sunflower State News

Thursday, November 21, 2024

Lower property tax revenue in Kansas during Q2

Webp iw8rxm8c8g3uptg6yr6t2enqkqws

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

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

Kansas collected $349 million in property taxes during the second quarter, a 38.9% decrease from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Property tax revenue for the first quarter was $571 million.

Overall, Kansas collected $4 billion in combined tax revenues in the second quarter, an increase from the $3.3 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.

Q2 Kansas Tax Collections
Type of TaxAmount (millions)
Property Taxes$349
Sales and Gross Receipts Taxes$1,401
Income Taxes$2,091
License Taxes$131
Other Taxes$12
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