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Saturday, November 2, 2024

Vermont collects $2 million in property tax revenue in Q3 2020

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Vermont collected $2 million in property taxes during the third quarter of 2020, 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.

Overall, Vermont collected $792 million in combined tax revenues in the third quarter.

Third Quarter Vermont Tax Collections
Type of TaxAmount (in millions of dollars)
Property Taxes$2
Sales and Gross Receipts Taxes$293
Income Taxes$439
License Taxes$29
Other Taxes$28
Source: U.S. Census Bureau

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