Quantcast

Peach Tree Times

Sunday, October 6, 2024

Georgia's Q2 property tax revenue up 22.4 percent from previous quarter

Adobestock 220383845

Adobe Stock

Adobe Stock

Georgia collected $213 million in property taxes during the second quarter of 2021, a 22.4 percent increase over the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

First-quarter property tax revenue was $174 million.

Overall, Georgia collected $7.9 billion in combined tax revenues in the second 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 Georgia Tax Collections
Type of TaxAmount
Property Taxes$213,000,000
Sales and Gross Receipts Taxes$2,608,000,000
Income Taxes$4,914,000,000
Source: U.S. Census Bureau

MORE NEWS