Taxes News
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Minnesota sees less property tax revenue in Q3 2024
The third quarter of 2024 brought in $28 million in property tax revenue for Minnesota, a 92.7% decrease from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota sees less individual income tax revenue in Q3 2024
The third quarter of 2024 brought in $3.4 billion in individual income tax revenue for Minnesota, a 20.8% decrease from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.