Wisconsin tax collections up 1.9% for December, 5.2% for fiscal year
January 21, 2025

Lake Country Tribune

(The Center Square) – Wisconsin collected nearly $2.1 billion in general purpose taxes and fees in December, up from $2.0 billion in the same month in 2023.

That means the state has now collected $9.7 billion for the fiscal year, up from more than $9.2 billion the year before.

The tax collections represented a 1.9% increase in December collections a 5.2% increase so far this fiscal year.

December sales tax collections were $622 million, above the $600 million collected in December 2023, representing a 3.7% increase. For the year, the state has collected nearly $3.3 billion in sales tax compared to nearly $3.2 billion at this point a year ago, a 2.7% increase.

Individual income tax collections were up 3.5% in December, going from nearly $898 million in December 2023 to $929 million. This fiscal year, individual income tax collections are now $4.7 billion, up from $4.3 billion a year before, representing an 8.4% increase.

The tax collection report “does not include taxes collected by the Office of the Commissioner of Insurance, administrative fees, and other miscellaneous revenues,” according to the Department of Revenue.

View More Sports Articles

NFL Star Zack Baun Purchases Home in Brookfield

NFL Star Zack Baun Purchases Home in Brookfield

Philadelphia Eagles linebacker Zack Baun and his wife, Ali, have purchased a stunning 5,500-square-foot home in Brookfield, Wisconsin, for approximately $1 million. The luxurious four-bedroom property, previously owned by Susan G. Lewis, marks a significant purchase...