Friday, November 1, 2019

State and Local Finances for FY 2017

On November 1, 2019 we updated the state and local spending and revenue for FY 2017 using the new Census Bureau State and Local Government Finances summaries for FY 2017 released on October 30, 2019.  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 FY2017 are now actual historical spending as reported by the Census Bureau.  Previously state spending and revenue for FY2017 were actual, and local spending and revenue were estimated.  The following table shows the difference between estimated and actual local spending and revenue for FY2017:

FY 2017Estimated
$ billion
Actual
$ billion
Local Spending$1,850$1,895
Local Revenue$1,254$1,335

The Census Bureau proposes to update revised state and local finances for 2016 in December 2019

We have updated the "guesstimated" state and local finances for FY2018-24 as indicated in our "guesstimate" blog entries.

UPDATE 11/04/2019:

We have updated data for individual local government units with data for 2017.

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