List of U.S. state budgets explained

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.

StateBudget (billions $)[1] AnnualizedFiscal yearsReferenceAnnualized budget per capita (in $)S&P Credit rating in January 2017[2]
12.6912.692025[3] 2,488201 AA
8.278.272025[4] 11,282211 AA+
21.6921.692025[5] 2,931201 AA
6.316.312024[6] 2,100201 AA
297.86297.862024-25[7] 7,634191 AA-
27.5227.522024-25[8] 4,688201 AA
51.325.652024-25[9] 7,083191 AA-
6.076.072025[10] 5,819221 AAA
78.5878.582024-25[11] 3,476221 AAA
36.136.12025[12] 3,281221 AAA
26.6913.342024-25[13] 9,296211 AA+
5.265.262025[14] 2,683211 AA+
53.053.02025[15] 4,226141BBB
58.4429.222024-25[16] 3,431221 AAA
9.749.742025[17] 3,043221 AAA
17.317.32025[18] 5,872191 AA-
43.5721.782025-2026[19] 4,840181 A+
22.6422.642024-25[20] 4,794201 AA
15.697.842023-25[21] 5,640201 AA
38.5938.592025[22] 6,244221 AAA
48.7948.792025[23] 6,970211 AA+
46.8646.862025[24] 4,686191 AA-
84.7742.382024-25[25] 7,891211 AA+
7.857.852025[26] 2,939201 AA
26.7926.792025[27] 4,391221 AAA
9.374.682026-27[28] 4,063201 AA
22.4611.232026-27[29] 5,700221 AAA
26.5913.292024-25[30] 4,287201 AA
5.205.202025[31] 3,714201 AA
55.955.92024[32] 6,017161 A-
10.510.52025[33] 5,004211 AA+
132.02132.022025[34] 6,746211 AA+
60.530.252023-24[35] 2,791221 AAA
10.505.252023-25[36] 6,704211 AA+
95.6447.822024-25[37] 4,087211 AA+
12.5912.592025[38] 3,147211 AA+
79.1739.582023-25[39] 9,350211 AA+
53.7253.722024-25[40] 4,164191 AA-
7.297.292024[41] 6,688201 AA
26.326.32024-25[42] 4,894211 AA+
4.064.062025[43] 4,352221 AAA
30.6130.612025[44] 4,299221 AAA
219.40109.702024-25[45] 3,573221 AAA
20.9720.972025[46] 6,129221 AAA
5.235.232024[47] 8,083211 AA+
108.354.152024-26[48] 6,213221 AAA
116.361.352023-25[49] 7,443211 AA+
9.69.62025[50] 5,423191 AA-
69.5234.762023-25[51] 5,891201 AA
8.324.452024-25[52] 7,619221 AAA

See also

Further reading

Notes and References

  1. Some figures are approximate.
  2. Web site: Rainy Day Funds and State Credit Ratings. Pew Charitable Trusts. 24 May 2018. 10–12. May 18, 2017.
  3. Book: Alabama Enacted Budget FY 2019. National Association of State Budget Officers. 2025. 1. 16 November 2024.
  4. Web site: Fiscal Year 2025 Fiscal Summary. Alaska Office of Management and Budget. 10 July 2024. 16 November 2024.
  5. Book: FY 2025 Budget Summary. June 2019. Arizona Office of the Governor. Phoenix, Ariz.. BH-43. 16 November 2024.
  6. Web site: FY 2024 Budget Appropriation. 30 April 2024. Arkansas House of Representatives. 16 November 2024.
  7. Web site: California State Budget.
  8. Book: Budget Package and Long Bill Narrative. Colorado Joint Budget Committee. 2024. Denver, Colo.. 28. 16 November 2024.
  9. Web site: Connecticut - Nasbo . 2025. Association of State Budget Officers. 16 November 2024 .
  10. Book: Financial Overview: Fiscal Year 2025. January 25, 2024. 16 November 2024.
  11. Book: Florida FY 2024-25 Budget Summary: Introduction and Revenue Overview . 16 November 2024 .
  12. Book: State of George 2025 Budget Brief. 2. 16 November 2024.
  13. Web site: Hawaii Budget in Brief. Hawaii State Legislature. 18. 16 November 2024.
  14. Book: [hhttps://legislature.idaho.gov/wp-content/uploads/budget/highlights/Daily-Update/2024/SineDie.pdf 2025 General Fund Budget]. Idaho Legislative Services Office. 2024. Boise, Idaho. 16 November 2024.
  15. Web site: Illinois Enacted Budget Walkdown. 4 June 2024 . Illinois Office of the Governor . November 16, 2024.
  16. Web site: Summary by Agency 2024-25. Indiana State Budget Agency. 16 November 2024.
  17. Web site: Governor's FY 2025 State Budget Recommendations | Department of Management . 27 April 2019. Iowa Governor. 16 November 2024 .
  18. Book: Govenors Budget Report. State of Kansas. 2025. Topeka, Kan.. 23.53b in reported spending from all sources minus 5.95b in federal funding.
  19. Book: Budget of the Commonwealth Budget in Brief. Kentucky Office of the State Budget Director. 2018. Frankfort, Ky.. 16 November 2024. included restricted funding of approx 30b minus tuition funds of approx 19.73b.
  20. Book: State Budget FY 25. Louisiana Legislative Fiscal Office. 2025. Baton Rouge, La.. 43. 17 November 2024.
  21. Legislativve Council: State House Facilities Committee . April 28, 2016. Maine Office of the Governor.
  22. Web site: 2025 Fiscal Digest. 17 November 2024.
  23. News: State Budget Act 2025. 2024-11-17.
  24. Book: 2025 Enacted Budget Summary. 17 November 2024.
  25. Web site: [hhttps://mn.gov/mmb-stat/documents/budget/operating-budget/enacted/2024/eos24-cfs.pdf Consolidated Fund Statement 2024-25]. 17 November 2024.
  26. Book: Budget Bulletin FY 2025. Mississippi Legislative Budget Office. 2024. Jackson, Miss.. 74. 17 November 2024.
  27. Web site: The Missouri Budget FY 2025. Missouri Division of Budget and Planning. 17 November 2024.
  28. Web site: Montana State Legislature. Budget Summary 2026-27.
  29. Web site: All Fund Type Functional Summary. Nebraska State Budget Division. 17 November 2024.
  30. Web site: Statewide Expenditure Summary by Funding Source. Open Budget. Nevada Budget Division. 17 November 2024.
  31. Web site: Transparent NH Where the Money Comes From. 2024-11-17.
  32. Web site: State of New Jersey Budget in Brief. 17 November 2024.
  33. Web site: New Mexico Budget in Brief. 17 November 2024.
  34. Book: FY 2025 Enacted Budget Fiscal Plan. New York State Division of Budget. 326. Albany, N.Y.. 17 November 2024.
  35. News: GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2023 SESSION LAW 2023-134 HOUSE BILL 259. 2024-11-17 . en-US.
  36. Web site: North Dakota Budget Highlights. 17 November 2024. Removed federal funding and 2.8B contribution to legacy fund.
  37. News: State of Ohio Executive Budget 2024-25. 25 July 2019.
  38. Web site: Executive Budget Summary 2025. 17 November 2024.
  39. Book: State of Oregon Governor's Budget. Salem, Ore.. 342. 12 June 2018.
  40. Web site: PA Budget in Brief. Pennsylvania Office of the Budget. 17 November 2024.
  41. Web site: HB2 All Funds Summary. 17 November 2024.
  42. Web site: South Carolina Budget 2024-25. 17 November 2024.
  43. Web site: State of South Dakota TOTAL STATE GOVERNMENT BUDGET. 17 November 2024.
  44. Web site: The Budget 2024-25. 17 November 2024.
  45. Web site: Texas Budgt 2024-25. 17 November 2024.
  46. Web site: Budget of the State of Utah. 17 November 2024.
  47. News: Vermont 2024 Budget Summary. 17 November 2024.
  48. Web site: BAn Overview of Virginia's Biennial Budget FY 2024 - 2026. 17 November 2024.
  49. Web site: 2023-25 Budget. Washington State Fiscal Website. Washington State Legislature. 17 November 2024.
  50. Web site: FY 2025 Budget Report. West Virginia Legislature. Charleston, W.Va.. 17 November 2024.
  51. Web site: 2023 Wisconsin Act 19 (Vetoed in Part). 17 November 2024.
  52. Web site: Wyoming State Budget Department. 17 November 2024.

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