Friday, July 3, 2026

State and Local Finances for 2024 -- First Look

On July 2, 2026 we updated the state and local spending and revenue for FY 2024 using the new Census Bureau State and Local Government Finances "first look"summaries for FY 2024 released in April 2026.  (See also Annual Survey of State and Local Government Finances). The release includes state and local spending for the United States as a whole. It does not include the 50 individual states and the District of Columbia.

State and local spending and revenue for FY2024 are now actual historical spending as reported by the Census Bureau.

We have updated the "guesstimated" state and local finances for FY2025-31 as indicated in our "guesstimate" blog entries.

Beginning in 2021, the Census Bureau stopped splitting "Public welfare" into three parts:

  • Cash assistance payments
  • Vendor payments
  • Other public welfare
This is a problem for usgovernmentspending.com, because most of "Vendor payments" are for health care and are just pass-through grants from the federal government. So, for the time being, we are splitting "Public welfare" into  the proportions that obtained in 2021.

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