Thursday, December 24, 2009

Revised Release of State and Local Data for 2007

On December 24, 2009, usgovernmentspending.com updated its database with the revised data release for 2007 on State and Local Government Spending and Revenue from the US Census Bureau. The latest data updates the original 2007 data released in September 2009.
This update includes state and local data for individual states and data and aggregate spending and revenue data for all states combined.
Here is the current status of state and local government spending and revenue data.
  • State and local data up to and including 2007 is actual data reported to and published by the Census Bureau.
  • State spending and revenue data for 2008 is actual data reported to and published by the Census Bureau.
  • State tax data for 2009 is actual data reported to and published by the Census Bureau in State Government Tax Collections.
  • Data for 2008 (except state data for 2008 and state tax data for 2009) and subsequent years is "guesstimated" by projecting the change in each spending or revenue item between 2006 and 2007 forward. Maximum change is 15 percent. Minimum change is zero percent.
Caveat on "Guesstimated" Data
The crude "guesstimation" that usgovernmentspending.com applies to data after 2007 (the last year for which the US Census Bureau provides data) is a way to get a rough look at total government spending in the present year and the near future.
But in the current recession, state and local spending is probably higher than "guesstimated" and revenue is probably significantly lower than "guesstimated."
The US Census Bureau report of State Government Tax Collections for 2009, scheduled for release in March 2010, will be the first look at the effect of the recession on state government revenues.
Upcoming Data Updates
The Census Bureau will update State and Local Government Finances (i.e. spending and revenue data) for 2005 and 2006 in January 2010.
The Census Bureau will release State Government Tax Collections for 2009 in March 2010.
The Census Bureau will release State and Local Government Finances for 2008 (i.e. spending and revenue) in Summer 2010.

1 comment:

  1. Thanks for such a great job putting the info together!!!! Great site.

    From a greatful, freedom loving American

    ReplyDelete

If you have a question or a comment, email to chrischantrill@gmail.com.

Note: Only a member of this blog may post a comment.