Saturday, October 21, 2023

State FY23 Taxes Update

On October 21, 2023 usgovernmentspending.com updated FY2023 state revenue with quarterly tax data released by the US Census Bureau on September 11, 2023.  Local tax data was updated by assuming that local taxes for 2023 changed by the same percent as state taxes of the same type.


$ billionFY2023
Estimate
FY2023
Actual
State Income Tax Revenue$641$329
Total State Revenue$3,050$2,501


State and local spending projections for FY2024 to FY2028 have been reestimated using the "Guesstimate" method.

No comments:

Post a Comment

If you have a question or a comment, email to chrischantrill@gmail.com.

Note: Only a member of this blog may post a comment.