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Saturday, November 2, 2024

Vermont’s property tax revenue unchanged since Q3 2019

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Vermont collected $2 million in property taxes during the third quarter of 2020, unchanged from the same period the previous year, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

In the third quarter of 2019, $2 million was collected.

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

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

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