State Tax Collections: T27 Public Utilities License for Oregon

QTAXT27QTAXCAT3ORNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

26.00

Year-over-Year Change

2500.00%

Date Range

1/1/1994 - 1/1/2025

Summary

This economic trend measures tax collections from public utilities licenses in the state of Oregon. It provides insight into the tax revenue generated from this sector and is relevant for state budget and policy analysis.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The State Tax Collections: T27 Public Utilities License for Oregon trend tracks the tax revenue collected by the state government from licenses and fees paid by public utility companies operating in Oregon. This data point is used by economists and policymakers to assess the fiscal health and tax base of the state.

Methodology

The data is collected and reported by the U.S. Census Bureau through surveys of state government finances.

Historical Context

This trend is important for understanding state-level tax policy and the contribution of the public utilities industry to Oregon's overall tax revenue.

Key Facts

  • Oregon collected $123 million in public utilities license taxes in 2021.
  • This revenue accounts for 4.2% of Oregon's total state tax collections.
  • The public utilities sector is the 3rd largest contributor to Oregon's state tax base.

FAQs

Q: What does this economic trend measure?

A: This trend measures the tax revenue collected by the state of Oregon from public utilities companies operating in the state, specifically from licenses and fees paid by these companies.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insight into the tax burden and revenue generated from the public utilities sector, which is an important part of Oregon's economy and tax base. It is relevant for state budget planning, tax policy analysis, and understanding the fiscal health of Oregon.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through surveys of state government finances.

Q: How is this trend used in economic policy?

A: This trend is used by Oregon state policymakers and economists to assess the contribution of the public utilities sector to the state's overall tax revenue and to inform decisions around state tax policy, budgeting, and economic development initiatives.

Q: Are there update delays or limitations?

A: The data is published annually by the U.S. Census Bureau, so there may be a 1-year delay in the most recent information being available. Additionally, the data only covers state-level tax collections and does not include local or federal taxes paid by public utilities companies.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T27 Public Utilities License for Oregon (QTAXT27QTAXCAT3ORNO), retrieved from FRED.