Quantcast

Silver State Times

Saturday, November 16, 2024

Property tax revenue down 1.6% from previous quarter in Nevada

Nevada collected $363 million in property taxes during the first quarter of 2022, a 1.6% decrease from the fourth quarter of 2021, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Property tax revenue for the fourth quarter of 2021 was $369 million.

Overall, Nevada collected $2.9 billion in combined tax revenues in the the first quarter of 2022, an increase from the $2.5 billion collected in the previous 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.

Q1 2022 Nevada Tax Collections
Type of TaxAmount (millions)
Property Taxes$363
Sales and Gross Receipts Taxes$2,077
License Taxes$166
Other Taxes$251
Source: U.S. Census Bureau

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS