Quarterly Summary of State and Local Government Tax Revenues for 2016: Q3

Source: U.S. Census Bureau, G16-QTAX3, December 20, 2016

Third quarter 2016 tax revenues for the four largest state and local government tax categories increased 2.2 percent to $294.2 billion, from $287.9 billion in the same quarter of 2015. …. The estimated total for third quarter 2016 state and local property tax revenue grew 3.2 percent to $105.7 billion (±2.5 billion). This is not statistically different from the $102.4 billion (±2.6 billion) collected in the same quarter of 2015 (see Figure 2). Local governments collected $101.9 billion of total property tax revenue in the third quarter of 2016. ….