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Maryland State Wire

Friday, May 3, 2024

Maryland's miscellaneous tax revenues up 0.5% since Q4 2023

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Brook E. Lierman, Maryland Comptroller | Comptroller of Maryland

Brook E. Lierman, Maryland Comptroller | Comptroller of Maryland

Maryland collected $196 million in miscellaneous tax revenue during the fourth quarter of 2023, a 0.5% increase over the same period the previous year when $195 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.

Q4 2023 Maryland Tax Collections

Type of TaxAmount (millions)
Property Taxes$285
Sales and Gross Receipts Taxes$3,114
Income Taxes$3,854
License Taxes$203
Miscellaneous Taxes$196

Source: U.S. Census Bureau

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