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Thursday February 23, 2012 
compiled by Christopher Chantrill

BUDGET DATA

US Budgets

REVENUE
BY DECADE

2010s taxes 2000s taxes

Comparison:
State Revenue – Debt – GDP – Population

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Comparison of State and Local Government Revenue and Debt
in the United States
-5yr -1yr   Fiscal Year 2012  +1yr +4yr
Amounts in $ billion
Switch to spending

GSP Growth

Revenue as percent of GSP
 Total Revenue
 Income Taxes
 Social Insurance Taxes
 Ad-valorem Taxes
 Fees and Charges
 Business and Other
 Debt
 GSP Growth
State State &
Local
Revenue
State &
Local
Debt
Gross
State
Product
Real
State
Growth
Popu-
lation
(million)
 Alabama$32.3$28.4$186.93.2%4.7 more
 Alaska$15.4$11.6$55.13.2%0.7 more
 Arizona$41.1$45.2$270.02.8%6.8 more
 Arkansas$18.6$14.1$111.43.3%2.9 more
 California$385.3$378.9$2,048.73.1%38.4 more
 Colorado$42.6$52.6$277.33.0%5.0 more
 Connecticut$34.5$40.8$258.93.6%3.6 more
 Delaware$9.0$7.8$67.03.0%0.9 more
 District of Columbia$8.9$10.3$112.93.8%0.6 more
 Florida$133.5$144.1$799.43.0%19.7 more
 Georgia$61.3$50.4$431.83.0%9.9 more
 Hawaii$11.1$12.1$71.43.0%1.4 more
 Idaho$10.2$5.8$59.93.2%1.6 more
 Illinois$107.2$138.7$703.23.2%12.9 more
 Indiana$45.5$48.5$306.04.2%6.5 more
 Iowa$24.1$15.7$156.63.6%3.0 more
 Kansas$21.9$25.1$138.13.2%2.9 more
 Kentucky$28.5$43.7$179.03.7%4.3 more
 Louisiana$34.3$33.3$244.43.5%4.6 more
 Maine$10.0$9.1$55.83.3%1.4 more
 Maryland$46.2$40.7$320.13.6%5.9 more
 Massachusetts$66.2$104.2$416.24.0%6.6 more
 Michigan$75.3$82.5$417.83.6%10.2 more
 Minnesota$49.1$47.0$295.23.6%5.4 more
 Mississippi$19.7$14.1$105.32.9%3.0 more
 Missouri$39.0$44.0$262.13.0%6.0 more
 Montana$7.2$6.7$38.92.9%1.0 more
 Nebraska$16.5$13.6$97.63.2%1.8 more
 Nevada$19.7$22.9$132.52.5%2.8 more
 New Hampshire$9.1$11.4$64.43.0%1.4 more
 New Jersey$89.9$97.3$526.83.4%9.0 more
 New Mexico$16.1$14.6$86.43.1%2.1 more
 New York$255.5$315.4$1,285.84.4%19.4 more
 North Carolina$68.3$55.8$464.23.7%9.7 more
 North Dakota$7.7$5.2$39.95.2%0.7 more
 Ohio$99.8$77.3$517.03.3%11.6 more
 Oklahoma$25.2$18.7$160.02.9%3.7 more
 Oregon$33.1$34.3$189.53.7%3.9 more
 Pennsylvania$104.0$134.6$621.43.6%12.7 more
 Rhode Island$9.0$11.7$53.43.5%1.1 more
 South Carolina$32.6$38.4$178.33.4%4.6 more
 South Dakota$5.6$5.7$43.53.3%0.8 more
 Tennessee$44.2$38.9$278.63.8%6.4 more
 Texas$178.2$237.9$1,330.43.5%25.7 more
 All states combined$2,619.4$2,805.3$15,601.52.4%314.1 more
 Utah$20.5$19.5$123.43.1%2.8 more
 Vermont$5.2$4.8$27.93.6%0.6 more
 Virginia$64.8$60.1$459.03.4%8.2 more
 Washington$62.5$73.5$366.03.1%6.8 more
 West Virginia$13.8$11.7$71.64.0%1.8 more
 Wisconsin$48.6$46.8$269.23.4%5.8 more
 Wyoming$7.8$2.8$42.22.4%0.5 more
Notes: guesstimated1 estimated

1. "Guesstimated" by projecting the latest change in reported number forward to future years. GSP deviation from national GDP growth cut by 40% per year.

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“We have met with families in which for weeks together, not an article of sustenance but potatoes had been used; yet for every child the hard-earned sum was provided to send them to school.”
E. G. West, Education and the State

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