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Monday, November 4, 2024

California's miscellaneous tax revenues up 10.8% since Q1 2023

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Malia M. Cohen, California Controller | Board of Equalization (State of California Board of Equalization)

Malia M. Cohen, California Controller | Board of Equalization (State of California Board of Equalization)

California collected $729 million in miscellaneous tax revenue during the first quarter of 2023, a 10.8% increase over the same period the previous year when $658 million was reported, 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.

Q1 2023 California Tax Collections

Type of TaxAmount (millions)
Property Taxes$873
Sales and Gross Receipts Taxes$18,178
Income Taxes$30,207
License Taxes$3,413
Miscellaneous Taxes$729

Source: U.S. Census Bureau

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