Download Special Report No. 91 PLEASE DO NOT CITE—AN UPDATED VERSION OF THIS STUDY IS AVAILABLE. Visit https://taxfoundation.org/tax-topics/state-tax-and-spending-policy. Special Report No. 91 Executive Summary In 1999, state and local governments across the United States will collect an estimated $232 billion in property taxes. Approximately 95 percent of this total, $221 billion, will be collected by local government units including counties, cities, and school districts.