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House Research home > Minnesota Government in Brief > Government Finance
Individual income tax revenues in fiscal year 2011 were $7,294 million.
| Individual Income Tax |
Actual
Dollars (millions) |
Constant 2011 Dollars (millions) |
| 2001 | $5,958 | $7,499 |
| 2002 | 5,491 | 6,762 |
| 2003 | 5,421 | 6,549 |
| 2004 | 5,756 | 6,786 |
| 2005 | 6,391 | 7,313 |
| 2006 | 6,920 | 7,665 |
| 2007 | 7,294 | 7,842 |
| 2008 | 7,828 | 8,143 |
| 2009 | 7,074 | 7,235 |
| 2010 | 6,598 | 6,703 |
| 2011 | 7,294 | 7,294 |
Income, Sales, and Property Taxes, FY 2011
| FY 2001 (millions) |
FY 2006 (millions) |
FY 2011 (millions) |
|
| Sales tax | $4,510 | $5,565 | $5,284 |
| Individual income tax | 7,499 | 7,665 | 7,294 |
| Property tax | 6,053 | 6,591 | 8,145 |
| Total | $18,062 | $19,821 | $20,723 |
Originally published January 2011. Fiscal year 2011 data are from
Minnesota Management and Budget, November 2010 forecast. Other data are from the Department of
Revenue, unless otherwise noted.