Q2 2023: Wyoming's combined tax revenues up 43.7% since Q1 2023

Director Brenda Henson - Wyoming Department of Revenue | Wyoming Department of Revenue

By Equality State News

Jul 1, 2023

Wyoming collected $1 billion in total tax revenues during the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

These tax revenues stem from various sources, including property tax, sales and gross receipts tax, licenses, income tax, and miscellaneous tax.

The majority of the state’s tax revenue was collected through severance taxes ($549 million) and general sales and gross receipts taxes ($271 million).

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q2 2023 Wyoming Tax Collections