State and Local Finances for FY 2018

On October 6, 2020 we updated the state and local spending and revenue for FY 2018 using the new Census Bureau State and Local Government Finances summaries for FY 2018 released on September 16, 2020.  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 FY2018 are now actual historical spending as reported by the Census Bureau.  Previously state spending and revenue for FY2018 were actual, and local spending and revenue were estimated.  The following table shows the difference between estimated and actual local spending and revenue for FY2018:

FY 2019	Estimated $ billion	Actual $ billion
Local Spending	$1,955	$1,961
Local Revenue	$1,392	$1,399

We have updated the "guesstimated" state and local finances for FY2019-25 as indicated in our "guesstimate" blog entries.

We have also updated data for individual local government units with data for 2018.