Kentucky collects $54 million in property tax revenue in Q3 2020

Kentucky collects  million in property tax revenue in Q3 2020
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Kentucky collected $54 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, Kentucky collected $3.2 billion in combined tax revenues in the third quarter.

Third Quarter Kentucky Tax Collections
Type of Tax Amount (in millions of dollars)
Property Taxes $54
Sales and Gross Receipts Taxes $1,688
Income Taxes $1,350
License Taxes $99
Other Taxes $35

Source: U.S. Census Bureau



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