Natural State News

Arkansas collected $402 million in property taxes during the second quarter of 2020, a 2.2 percent decrease from the same period the previous year, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

In the second quarter of 2019, $411 million was collected.

Overall, Arkansas collected $2.8 billion in combined tax revenues in the second 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.

Type of Tax	Amount (in millions of dollars)
Property Taxes	$402
Sales and Gross Receipts Taxes	$1,347
Income Taxes	$917

Source: U.S. Census Bureau