State and Local Finances for 2020

On July 6, 2022 we updated the state and local spending and revenue for FY 2020 using the new Census Bureau State and Local Government Finances summaries for FY 2020 released on July 5, 2022.  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 FY2020 are now actual historical spending as reported by the Census Bureau.  Previously state spending and revenue for FY2020 were actual, and local spending and revenue were estimated.  The following table shows the difference between estimated and actual local spending and revenue for FY2020:

FY 2020	Estimated $ billion	Actual $ billion
Local Spending	$2,069	$2,129
Local Revenue	$1,443	$1,488

We have updated the "guesstimated" state and local finances for FY2021-27 as indicated in our "guesstimate" blog entries.

We have also updated data for individual local government units with data for 2020. 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.