State Tax Collections: T99 Taxes, Not Elsewhere Classified for Montana
QTAXT99QTAXCAT3MTNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
150.00%
Date Range
1/1/1994 - 4/1/2025
Summary
This economic trend measures state tax collections for 'T99 Taxes, Not Elsewhere Classified' in Montana. It provides insights into Montana's broader tax revenue trends, which are important for state budgeting and fiscal policy analysis.
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 'T99 Taxes, Not Elsewhere Classified' series captures state tax revenue sources that do not fit into other defined tax categories. Monitoring this trend offers economists and policymakers a more complete picture of Montana's overall tax collections and financial health.
Methodology
The data is collected and reported by the U.S. Census Bureau through quarterly surveys of state government finances.
Historical Context
This economic indicator is widely used by state fiscal analysts, policy researchers, and economists to understand Montana's revenue generation and budget conditions.
Key Facts
- Montana's T99 tax collections totaled $114 million in Q4 2022.
- This represented a 5.2% increase from the previous quarter.
- T99 taxes account for approximately 7% of Montana's total state tax revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures state tax collections for the 'T99 Taxes, Not Elsewhere Classified' category in Montana. It captures revenue sources that do not fit into other defined tax types.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this trend provides a more complete picture of Montana's overall tax revenue generation, which is crucial for state budgeting, fiscal policy analysis, and economic interpretation.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through quarterly surveys of state government finances.
Q: How is this trend used in economic policy?
A: This indicator is widely used by state fiscal analysts, policy researchers, and economists to understand Montana's revenue generation and budget conditions, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, so there may be a several-month delay before the most recent figures are available.
Related Trends
Regional Price Parities: All Items: Nonmetropolitan Portion for Montana
MTNMPRPPALL
Real Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in Montana
MTOTHSERVERQGSP
Average Hourly Earnings of All Employees: Financial Activities in Montana
SMU30000005500000003
All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Montana
SMS30000007071000001
Administrative and Waste Services Wages and Salaries in Montana
MTWADM
Covered Employment in Montana
MTCEMPLOY
Citation
U.S. Federal Reserve, State Tax Collections: T99 Taxes, Not Elsewhere Classified for Montana (QTAXT99QTAXCAT3MTNO), retrieved from FRED.