State & local government revenue sources
Washington state & local government revenue sources, Fiscal Year 2020
($ millions)
Source | Amount |
---|---|
Sales & Gross Receipts Tax | $29,236 |
Property Tax | $13,332 |
Individual & Corporate Income Tax | $0 |
Other Taxes | $4,945 |
Education Charges | $3,517 |
Hospital Charges | $5,633 |
Other Charges | $15,940 |
Interest Earnings | $1,986 |
Other General Revenue | $4,096 |
Total | $78,685 |
Fiscal Year 2020
- Washington is slightly more dependent on charges for services than the U.S. average.
- Washington is one of a few states without personal or corporate income taxes.
- Washington depends more heavily on excise taxes, including the general sales & use tax, selective sales taxes, and the gross receipts tax (business & occupation tax) than most any other state.
- Washington is the only state with a general gross receipts tax - the Business & Occupation Tax.
Data source:
E-mail: OFM.Forecasting@ofm.wa.gov
Last updated
Thursday, October 20, 2022