Quarterly Summary of State and Local Government Tax Revenue for
First Quarter 2018 1
Released June 19, 2018 G18-QTAX1
2018 QUARTER 1
First quarter 2018 tax revenues for the four largest state and local government tax categories increased 5.8 percent to
$350.2 billion, from $331.0 billion in the same quarter of 2017.²
State and local governments collect
$136.3 billion in property tax revenue The estimated total for first quarter 2018 state and local property tax rev- enue was $136.3 billion (±4.0 billion).
Local governments collected an esti- mated $132.0 billion of total property tax revenue in the first quarter of 2018, while the state governments collected only $4.3 billion.
Individual income tax collections Individual income tax collections in the first quarter of 2018 shows an increase of 12.8 percent to $107.4 billion (±0.8 billion), from $95.2 billion (±0.4 billion) in the same quarter of 2017.
General sales and gross receipts tax revenue
General sales and gross receipts tax revenue was $96.5 billion (±0.8 billion) in the first quarter of 2018, up 5.0 per- cent from the $91.9 billion (±0.7 billion) collected in the same quarter of 2017.
1 The estimates for local or state and local totals are subject to sampling error. All estimates are sub- ject to nonsampling errors, which include nonre- sponse, response, and keying errors. All comparative statements in this report have undergone statistical testing, and unless otherwise noted, all comparisons are statistically significant at the 10 percent signifi- cance level.
2 As of the third quarter of 2013, the local non- property tax survey (F-73) was redesigned to include only general sales, personal income, and corporation net income taxes. No changes were made to the local property tax survey (F-71).
The data and technical documentation for this release can be found at <www.census.gov/programs-surveys/qtax.html>.
AK
Figure 1.
Largest Tax by State: 2018 Q1
Tax
Individual income General sales and gross reciepts
Severance Property
Source: U.S. Census Bureau, Quarterly Summary of State and Local Government Tax Revenue.
MT
NM
OR MN
KS SD ND
MO WA
FL IL IN
WI NY
PA MI
IA OH
ME MA CT
AZ
HI NV
TX CO CA
WY UT ID
NE
OK
GA AR
AL
NC
MS LA
TN
KY VA
SC WV
RI
MD DE DC NJ VT NH
245.7 billion in state government
tax revenue
$104.6
$7.9 $4.3
$36.5
$92.4
Type of tax Income Sales
Other taxes, NEC Motor vehicles and operators license Property Figure 2.
National State Government Tax Revenue Totals: 2018 Q1
(In billions)
Note: Not Elsewhere Classified (NEC).
Source: U.S. Census Bureau, Quarterly Summary of State and Local Government Tax Revenue.
2 Quarterly Summary of State and Local Government Tax Revenue U.S. Census Bureau
Corporation net income tax revenue
Corporation net income tax revenue for the first quarter of 2018 was $10.0 billion (±0.05 billion).
The estimate for the same quarter of 2017 was $9.9 billion (±0.04 billion). These totals are not statisti- cally different.
STATE TAX COLLECTIONS CONTINUE TO RISE
Total state tax revenue increased 6.4 percent to
$245.7 billion in the first quarter of 2018, from
$230.8 billion reported in the same quarter of the prior year. Individual income tax, at $97.2 billion, is up 12.8 percent from $86.2 billion in the same quarter of 2017. The second largest category of state tax revenue is general sales and gross receipts taxes, which accounted for $75.2 billion, an increase of 3.5 percent from $72.6 billion the same quarter in 2017. At $7.4 billion, corporation net income tax collections decreased from $7.7 billion the same quarter in 2017, a decline of -4.0 percent.
Figure 3.
Individual Income Tax as a Percentage of State Tax Revenue:
2018 Q1
Source: U.S. Census Bureau, Quarterly Summary of State and Local Government Tax Revenue.
39.95AL C O
GA IA
IL KS
ME
M O M T
N M OK
O R
PA
UT
VA W I
ND
TX
V T N H
M A R I C T
N J DE
M D 0.00A K
W A
ID
F L SC
N C N V
CA
TN
L A AR
M S 31.64 AZ
WY
S D
MN
MI
KY WV IN OH
N Y
NE
H I
0.00
0.00 0.00
0.00
0.00
0.00 25.32
54.35
51.59
49.28 42.29
51.76
25.50
43.04 36.82
43.47 39.49
29.95 35.71
28.02
53.71
48.28 32.56
26.85 44.47
50.69
20.75 44.24
49.64 8.14
41.11
1.80
46.49
-5.03
66.62
26.45
32.88 73.91
29.21
34.41
30.96 1.40
41.00
61.97 32.90
43.01
31.70
Percent
60.01 or greater 40.01 to 60.00 20.01 to 40.00 20.00 or less
U.S. Census Bureau Quarterly Summary of State and Local Government Tax Revenue 3 DID YOU KNOW?
~
STATE GOVERNMENT INDIVIDUAL INCOME TAX
REVENUE TOTALED
$368.6 BILLION
IN 2017
Source: U.S. Census Bureau, Quarterly Summary of State and Local
~
Government Tax Revenue.
The majority of the nation’s state tax revenue came from individual income (39.6 percent), and general sales and gross receipts (30.6 percent). Figure 4 illustrates the first quarter percentage distribution of state government revenues by tax type for the nation and the four census regions. In the Northeast, West, and Midwest regions, individual income tax collections accounted for the largest per- centage of tax collections with 52.0 percent, 43.6 percent, and 37.4 percent, respectively.
In the South, general sales and gross receipts taxes were the largest of the four main cate- gories at 40.4 percent.
1 The category “other” consists of other taxes, not elsewhere classified.
2 Individual income tax returns are typically filed in the second quarter resulting in higher second quarter collections.
Note: Percentages may not sum to 100 due to rounding.
Source: U.S. Census Bureau, Quarterly Summary of State and Local Government Tax Revenue.
0.71.8 1.7
0.51.2 2.3
0.5 1.2
1.21.2 1.7 0.40.6
1.7 Figure 4.
Distribution of State Government Revenue by Type of Tax for Nation and Census Regions: 2018 Q1
(In percent)
Alcoholic beverages Property
Tobacco products Motor vehicle and motor vehicle operators
Corporation net income Motor fuel sales Other1
Sales and gross receipts Individual income tax2
35.1
South West
Midwest Northeast
National
3.2 1.9 4.1
3.0
14.9
30.6
39.6
4.6 2.6
14.9
31.9
37.4 5.2
4.03.7
10.4
29.0
43.6 3.8
2.9 2.1
17.5
40.4
26.5 6.5 3.8
16.8
19.9
52.0 2.9
3.8
