State Tax Collections: T27 Public Utilities License for District of Columbia
QTAXT27QTAXCAT3DCNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 10/1/2010
Summary
This economic trend measures the tax collections from public utilities licenses in the District of Columbia. It provides insight into the revenue generated from this specific tax source in the District's economy.
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: T27 Public Utilities License for District of Columbia trend tracks the quarterly tax revenue collected by the District of Columbia government from fees and licenses paid by public utility companies operating in the area. This data is a component of the broader state and local tax collection statistics.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of state and local government tax agencies.
Historical Context
Analysts and policymakers use this trend to monitor the fiscal health and revenue composition of the District of Columbia government.
Key Facts
- The District of Columbia collects public utilities license taxes quarterly.
- This tax revenue represents about 2% of the District's total tax collections.
- Public utilities like electricity, gas, and telecommunications firms pay these license fees.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly tax revenue collected by the District of Columbia government from fees and licenses paid by public utility companies operating in the area.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into an important revenue source for the District of Columbia government, which analysts and policymakers can use to monitor the fiscal health and composition of the District's tax collections.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of state and local government tax agencies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to monitor the fiscal health and revenue composition of the District of Columbia government, which can inform economic and budgetary decisions.
Q: Are there update delays or limitations?
A: The data is reported quarterly, so there may be a short delay before the most recent quarter's figures are available.
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Citation
U.S. Federal Reserve, State Tax Collections: T27 Public Utilities License for District of Columbia (QTAXT27QTAXCAT3DCNO), retrieved from FRED.