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Thursday, November 21, 2024

North Carolina ranks 14th in the U.S. for the most public utilities license paid in 2020

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In 2020, North Carolina collected $18.9 million in public utilities license, ranking it 14th in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau cautions it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

U.S. public utilities license by State in 2020
RankStateAmount
1California$628,587,000
2Wisconsin$66,173,000
3Pennsylvania$62,800,000
4Idaho$62,471,000
5New York$37,088,000
6Michigan$32,263,000
7New Hampshire$24,138,000
8Florida$23,982,000
9Ohio$23,015,000
10New Jersey$21,565,000
11Texas$20,880,000
12Washington$20,778,000
13Alabama$19,464,000
14North Carolina$18,943,000
15Missouri$17,979,000
16Hawaii$17,491,000
17Oregon$16,361,000
18South Carolina$13,740,000
19Colorado$13,309,000
20Illinois$11,823,000
21Iowa$11,062,000
22Alaska$8,978,000
23Arkansas$8,628,000
24Louisiana$7,315,000
25Mississippi$6,863,000
26Tennessee$5,937,000
27Kansas$5,698,000
28Rhode Island$2,440,000
29New Mexico$1,710,000
30Minnesota$642,000
31Virginia$635,000
32Delaware$531,000
33West Virginia$340,000
34Montana$12,000
35North Dakota$5,000
35Oklahoma$5,000
Source: U.S. Census Bureau

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