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Saturday, January 11, 2025

Lower property tax revenue in Alabama during Q2 2022

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Vernon Barrett, Commissioner of Revenue | Alabama Department of Revenue

Vernon Barrett, Commissioner of Revenue | Alabama Department of Revenue

Alabama collected $21 million in property taxes during the second quarter of 2022, a 90% decrease from the first quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Property tax revenue for the first quarter of 2022 was $211 million.

Overall, Alabama collected $4.3 billion in combined tax revenues in the the second quarter of 2022, an increase from the $3.9 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.

Q2 2022 Alabama Tax Collections
Type of TaxAmount (millions)
Property Taxes$21
Sales and Gross Receipts Taxes$1,600
Income Taxes$2,415
License Taxes$263
Other Taxes$37
Source: U.S. Census Bureau

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