Quantcast

Grand Canyon Times

Monday, November 4, 2024

Arizona's miscellaneous tax revenues up 28.7% since Q4 2023

Webp roqtecu2o36jali5ex7k3hvtg1cf

Rob Woods Director of Department of Revenue at state of Arizona Dpt. of Revenue | State of Arizona Department of Revenue

Rob Woods Director of Department of Revenue at state of Arizona Dpt. of Revenue | State of Arizona Department of Revenue

Arizona collected $184 million in miscellaneous tax revenue during the fourth quarter of 2023, a 28.7% increase over the same period the previous year when $143 million was reported, 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.

Q4 2023 Arizona Tax Collections

Type of TaxAmount (millions)
Property Taxes$263
Sales and Gross Receipts Taxes$3,327
Income Taxes$1,583
License Taxes$315
Miscellaneous Taxes$184

Source: U.S. Census Bureau

MORE NEWS