This is a list of U.S. state government budgets as enacted by each state's legislature.
A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years. Note that a fiscal year is named for the calendar year in which it ends, so "2022–23" means two fiscal years: the one ending in calendar year 2022 and the one ending in calendar year 2023.
Figures do not include state-specific federal spending, or transfers of federal funds.
State Budget (billions $)Some figures are approximate. Annualized Fiscal years Reference Annualized budget per capita (in $)S&P Credit rating in January 201712.6912.6920252,488201 AA8.278.27202511,282211 AA+21.6921.6920252,931201 AA6.316.3120242,100201 AA297.86297.862024-257,634191 AA−27.5227.522024-254,688201 AA51.325.652024-257,083191 AA−6.076.0720255,819221 AAA78.5878.582024-253,476221 AAA36.136.120253,281221 AAA26.6913.342024-259,296211 AA+5.265.2620252,683211 AA+53.053.020254,226141BBB58.4429.222024-253,431221 AAA9.749.7420253,043221 AAA17.317.320255,872191 AA−43.5721.782025-20264,840181 A+22.6422.642024-254,794201 AA15.697.842023-255,640201 AA38.5938.5920256,244221 AAA48.7948.7920256,970211 AA+46.8646.8620254,686191 AA−84.7742.382024-257,891211 AA+7.857.8520252,939201 AA26.7926.7920254,391221 AAA9.374.682026-274,063201 AA22.4611.232026-275,700221 AAA26.5913.292024-254,287201 AA5.205.2020253,714201 AA55.955.920246,017161 A−10.510.520255,004211 AA+132.02132.0220256,746211 AA+60.530.252023-242,791221 AAA10.505.252023-256,704211 AA+95.6447.822024-254,087211 AA+12.5912.5920253,147211 AA+79.1739.582023-259,350211 AA+53.7253.722024-254,164191 AA−7.297.2920246,688201 AA26.326.32024-254,894211 AA+4.064.0620254,352221 AAA30.6130.6120254,299221 AAA219.40109.702024-253,573221 AAA29.3629.3620246,129221 AAA5.235.2320248,083211 AA+108.354.152024-266,213221 AAA116.358.152023-257,443211 AA+9.69.620255,423191 AA−69.5234.762023-255,891201 AA8.324.452024-257,619221 AAA
See also United States federal budget List of countries by government budget List of U.S. states by credit rating
References
Further reading