Quantcast

Palmetto State News

Monday, September 23, 2024

South Carolina’s property tax revenue unchanged since Q1 2019

Adobestock 224328871

Adobe Stock

Adobe Stock

South Carolina collected $5 million in property taxes during the first 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 first quarter of 2019, $5 million was collected.

Overall, South Carolina collected $2.2 billion in combined tax revenues in the first 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.

First Quarter South Carolina Tax Collections
Type of TaxAmount (in millions of dollars)
Property Taxes$5
Sales and Gross Receipts Taxes$1,322
Income Taxes$742
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