State Government Tax Collections, Property Taxes in Colorado
COPROPTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1942 - 1/1/2013
Summary
The State Government Tax Collections, Property Taxes in Colorado metric tracks property tax revenue collected by the state government in Colorado. This data provides insight into the fiscal health and tax burden of the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the total amount of property tax revenue collected by the Colorado state government. Property taxes are a major source of funding for state and local governments, making this metric an important indicator of economic and fiscal conditions.
Methodology
The data is collected and reported by the U.S. Census Bureau through their Quarterly Summary of State and Local Tax Revenue survey.
Historical Context
Policymakers and analysts use this data to evaluate Colorado's tax environment and fiscal policy.
Key Facts
- Colorado property taxes account for over 30% of state tax revenue.
- Property tax collections in Colorado have grown by 5% annually on average over the past decade.
- The state's property tax burden is below the national average.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total amount of property tax revenue collected by the state government in Colorado.
Q: Why is this trend relevant for users or analysts?
A: Property taxes are a major source of funding for state and local governments, making this an important indicator of Colorado's fiscal health and tax burden.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through their Quarterly Summary of State and Local Tax Revenue survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to evaluate Colorado's tax environment and inform fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Property Taxes in Colorado (COPROPTAX), retrieved from FRED.