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Property Tax Revenues, FY 2011

Property tax revenues in fiscal year 2011 were $8,145 million.

Line graph showing property tax revenues for a ten-year period
Property Tax Actual Dollars
(millions)
Constant 2011
Dollars (millions)
2001 $4,809 $6,053
2002 4,811 5,925
2003 4,800 5,799
2004 5,178 6,105
2005 5,508 6,303
2006 5,950 6,591
2007 6,578 7,072
2008 7,017 7,299
2009 7,499 7,670
2010 7,794 7,919
2011 8,145 8,145

Income, Sales, and Property Taxes, FY 2011

Bar graph showing income, sales, and property taxes for FY 2001, 2006, and 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.