State & local government revenue sources
Washington state & local government revenue sources, Fiscal Year 2020
($ millions)
| Source | Amount |
|---|---|
| Sales & Gross Receipts Tax | $31,163 |
| Property Tax | $14,712 |
| Individual & Corporate Income Tax | $0 |
| Other Taxes | $5,700 |
| Education Charges | $3,103 |
| Hospital Charges | $5,320 |
| Other Charges | $15,555 |
| Interest Earnings | $1,355 |
| Other General Revenue | $4,399 |
| Total | $81,306 |
Fiscal Year 2021
- 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
Monday, October 23, 2023
