Sunday, August 8, 2021

State and Local Finances for 2019

On August 4, 2021 we updated the state and local spending and revenue for FY 2019 using the new Census Bureau State and Local Government Finances summaries for FY 2019 released on July 29, 2021.  This includes state and local spending for the United States as a whole and the 50 individual states and the District of Columbia.

State and local spending and revenue for FY2019 are now actual historical spending as reported by the Census Bureau.  Previously state spending and revenue for FY2019 were actual, and local spending and revenue were estimated.  The following table shows the difference between estimated and actual local spending and revenue for FY2019:

FY 2019Estimated
$ billion
Actual
$ billion
Local Spending$1,995$2,041
Local Revenuenone$1,427

We have updated the "guesstimated" state and local finances for FY2020-26 as indicated in our "guesstimate" blog entries.

We have also updated data for individual local government units with data for 2019. But, the Census Bureau has changed the codes for all the local government units, starting in 2018, and it will take a while to provide multi-year charts.