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Thursday, November 21, 2024

Pennsylvania collected $42 million in property tax revenue in Q2

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Patrick M. Browne Secretary of Revenue at Pennsylvania Department of Revenue | Pennsylvania Department of Revenue

Patrick M. Browne Secretary of Revenue at Pennsylvania Department of Revenue | Pennsylvania Department of Revenue

Pennsylvania collected $42 million in property taxes during the second quarter, after no property tax was collected in the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Overall, Pennsylvania collected $15.8 billion in combined tax revenues in the second quarter, an increase from the $15 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 Pennsylvania Tax Collections
Type of TaxAmount (millions)
Property Taxes$42
Sales and Gross Receipts Taxes$6,888
Income Taxes$7,372
License Taxes$761
Other Taxes$673
Source: U.S. Census Bureau

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