Tuesday, September 17, 2019

State FY19 Taxes Update

On September 17, 2019 usgovernmentspending.com updated FY2019 state revenue with quarterly tax data released by the US Census Bureau on September 17, 2019.  Local tax data was updated by assuming that local taxes for 2019 changed by the same percent as state taxes of the same type.

$ billionFY2019
Estimate
FY2019
Actual
State Income Tax Revenue$480$466
Total State Revenue$2,108$2,071

State and local spending projections for FY2020 to FY2024 have been reestimated using the "Guesstimate" method.

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