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Wednesday, November 6, 2024

Minnesota reports $156 million in miscellaneous tax revenues in Q2

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Minnesota collected $156 million in miscellaneous tax revenue during the 2nd quarter, 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.

2nd Quarter Minnesota Tax Collections

Type of TaxAmount (in millions of dollars)
Property Taxes$380
Sales and Gross Receipts Taxes$2,923
Income Taxes$3,252
License Taxes$391
Other Taxes$156
Source: U.S. Census Bureau

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