Heidi Humphreys, Executive Director | Colorado Department of Revenue
Heidi Humphreys, Executive Director | Colorado Department of Revenue
Overall, Colorado collected $4.7 billion in taxes during the fourth quarter of 2022, compared to $5.1 billion in the previous quarter.
The majority of the state’s tax revenue was collected through income taxes ($2.8 billion) and general sales and gross receipts taxes ($1.6 billion).
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.
| Type of Tax | Amount (millions) |
|---|---|
| Income Taxes | $2,830 |
| Sales and Gross Receipts Taxes | $1,636 |
| License Taxes | $196 |
| Other Taxes | $72 |
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