On June 30, 2023 we updated the state and local spending and revenue for FY 2021 using the new Census Bureau State and Local Government Finances summaries for FY 2021 released on June 28, 2023. (See also Annual Survey of State and Local Government Finances). The release 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 FY2021 are now actual historical spending as reported by the Census Bureau. Previously state spending and revenue for FY2021 were actual, and local spending and revenue were estimated. The following table shows the difference between estimated and actual local spending and revenue for FY2021:
| FY 2021 | Estimated $ billion | Actual $ billion |
| Local Spending | $2,058 | $2,203 |
| Local Revenue | $1,545 | $1,642 |
We have updated the "guesstimated" state and local finances for FY2022-28 as indicated in our "guesstimate" blog entries.
We have also updated data for individual local government units with data for 2021.
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