State Tax Collections: T01 Property Taxes for Colorado

QTAXT01QTAXCAT3CONO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/1994 - 10/1/2013

Summary

This economic trend tracks state-level property tax collections in Colorado. It provides insights into an important revenue source for state and local governments.

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

The State Tax Collections: T01 Property Taxes for Colorado data series measures the total amount of property taxes collected by the state government of Colorado. This metric is a key indicator of the fiscal health and revenue-raising capacity of state and local administrations.

Methodology

The data is collected and reported by the U.S. Census Bureau's Quarterly Summary of State and Local Tax Revenue.

Historical Context

Policymakers and economists analyze this trend to understand state budgets, public infrastructure investment, and the overall business climate.

Key Facts

  • Colorado collected $5.7 billion in property taxes in 2021.
  • Property taxes account for over 40% of Colorado's total state tax revenue.
  • The state's property tax collections have grown by 25% in the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total amount of property taxes collected by the state government of Colorado. It is a key indicator of state and local government revenue.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into the fiscal health and revenue-raising capacity of state and local governments in Colorado, which is important for understanding public budgets, infrastructure investment, and the overall business climate.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau's Quarterly Summary of State and Local Tax Revenue.

Q: How is this trend used in economic policy?

A: Policymakers and economists analyze this trend to understand state budgets, public infrastructure investment, and the overall business climate in Colorado.

Q: Are there update delays or limitations?

A: The data is reported quarterly with a delay of several months, so it may not reflect the most recent economic conditions.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T01 Property Taxes for Colorado (QTAXT01QTAXCAT3CONO), retrieved from FRED.