Thursday, May 17, 2018

Local Government Finances from 1992 to Present

On May 16, 2018 usgovernmentspending.com added access to the spending and revenues of the tens of thousands of local governments -- counties, cities, special districts and school districts -- in the United States.

Local government finance data for individual local government units is published by the US Census Bureau in so-called "Individual Unit Files" and is available from 1992 to the present, with gaps from 1993-94 and 2007-11. Data for the missing years has been estimated by usgovernmentspending.com.

Users can access this local government finance data in three ways.

  1. Local Rank page, that lists the top local governments by spending or by revenue.
  2. Local Detail page, that lists spending or revenue details for each local government.
  3. Local Chart page, that provides a multi-year chart of spending or revenue for each local government.
Given that there are tens of thousands of local governments in the US, the question is how to access a particular city, or county, or special district. There are two ways:
  1. Go to the Local Rank page. Then switch to the rank you want: city, county, district or school. If the government is on the list then click on the "chart" or "detail" link. If the government is not on the list then go to the bottom of the list and select the state the government is in. Then select the government using the drop downs.
  2. Go to the Local Detail or Local Chart page. Then select the state and the city/county/district/school.

Tuesday, May 1, 2018

US Gross Output for 2017 Released

On April 30, 2018, usgovernmentspending.com updated its Gross Output series with the latest data from the Bureau of Economic Analysis, including nominal Gross Output for calendar 2017 of $33.708 trillion. Gross Output for some years previous to 2017 have been revised by BEA.

usgovernmentspending.com reports Gross Output on its Spending Details page and permits charting of spending and revenue as "percent of Gross Output".

The Gross Output series extends back to 1947.

Tuesday, April 10, 2018

State Finances for FY2016

On May 11, 2017 the US Census Bureau released data on state finances for FY 2015 here, including spending and revenue for each individual state and for all states combined.

On April 10, 2018 we updated state and local spending and revenue data for FY2016 through FY2023 as follows:
  1. We replaced "guesstimatedstate spending and revenue data for FY2016 using the new FY2016 data from the Census Bureau.
  2. We replaced "guesstimatedlocal spending and revenue data for FY 2016 with estimates for each spending and revenue category using the trends in state finances between FY 2015 and FY 2016.
  3. We replaced "guesstimatedstate revenue data for FY 2017 with data from the Census Bureau's quarterly state tax summary here.
  4. We replaced "guesstimatedlocal revenue data for FY 2016 with estimates for each category using trends for each category of state revenue between FY 2015 and FY 2016.
  5. We replaced "guesstimated" state and local spending and revenue for FY 2017 thru FY2023 with new guesstimates based on the latest Census Bureau data for FY 2016 state finances and FY 2017 quarterly tax data.

State Finances for FY2016
Estimate vs. Actual

$ billionGuesstimateActual
Spending$1,708$1,707
Revenue$1,604$1,499

We expect the Census Bureau to release local spending and revenue data for FY 2016 not earlier than Summer 2018.