State and local government receipts and expenditures
This file represents Table 10. State and local government receipts and expenditures, 1986, 1996, 2006, and projected 2016, in
"The U.S. Economy to 2016: slower growth as boomers begin to retire," published in the November 2007 Monthly
Labor Review.
Table 10. State and local government receipts and expenditures, 1986, 1996, 2006, and projected 2016
Category |
Billions of current 2000 dollars |
Percent Distribution |
Average annual rate of change |
1986 |
1996 |
2006 |
2016 |
1986 |
1996 |
2006 |
2016 |
1986-96 |
1996-2006 |
2006-16 |
Receipts |
$561.7 |
$1,043.3 |
$1,797.7 |
$3,112.0 |
100.0 |
100.0 |
100.0 |
100.0 |
6.4 |
5.6 |
5.6 |
Tax receipts |
389.5 |
709.6 |
1,232.3 |
2,186.3 |
69.4 |
68.0 |
68.6 |
70.3 |
6.2 |
5.7 |
5.9 |
Personal taxes |
87.2 |
168.7 |
301.2 |
553.3 |
15.5 |
16.2 |
16.8 |
17.8 |
6.8 |
6.0 |
6.3 |
Corporate income taxes |
22.7 |
33.0 |
62.4 |
71.7 |
4.0 |
3.2 |
3.5 |
2.3 |
3.8 |
6.6 |
1.4 |
Taxes on production and imports |
279.7 |
507.9 |
868.8 |
1,561.3 |
49.8 |
48.7 |
48.3 |
50.2 |
6.1 |
5.5 |
6.0 |
Sales taxes and other |
163.6 |
295.6 |
500.9 |
813.2 |
29.1 |
28.3 |
27.9 |
26.1 |
6.1 |
5.4 |
5.0 |
Property taxes |
116.2 |
212.4 |
367.8 |
748.1 |
20.7 |
20.4 |
20.5 |
24.0 |
6.2 |
5.6 |
7.4 |
Contributions for social insurance |
6.0 |
12.5 |
26.0 |
41.9 |
1.1 |
1.2 |
1.4 |
1.3 |
7.7 |
7.6 |
4.9 |
Income receipts on assets |
58.4 |
73.3 |
87.1 |
135.5 |
10.4 |
7.0 |
4.8 |
4.4 |
2.3 |
1.7 |
4.5 |
Interest receipts |
52.0 |
67.3 |
73.8 |
113.4 |
9.3 |
6.4 |
4.1 |
3.6 |
2.6 |
0.9 |
4.4 |
Dividends |
0.2 |
1.4 |
2.6 |
4.2 |
0.0 |
0.1 |
0.1 |
0.1 |
24.6 |
6.8 |
4.9 |
Rents and royalties |
6.2 |
4.6 |
10.7 |
18.0 |
1.1 |
0.4 |
0.6 |
0.6 |
-2.9 |
8.7 |
5.3 |
Transfer receipts |
105.0 |
234.1 |
462.9 |
748.3 |
18.7 |
22.4 |
25.8 |
24.0 |
8.3 |
7.1 |
4.9 |
Federal grants-in-aid |
87.6 |
191.2 |
358.6 |
588.5 |
15.6 |
18.3 |
19.9 |
18.9 |
8.1 |
6.5 |
5.1 |
From business (net) |
6.7 |
15.2 |
40.6 |
65.3 |
1.2 |
1.5 |
2.3 |
2.1 |
8.5 |
10.3 |
4.9 |
From persons |
10.6 |
27.8 |
63.7 |
94.5 |
1.9 |
2.7 |
3.5 |
3.0 |
10.1 |
8.7 |
4.0 |
Surplus of government enterprises |
2.8 |
13.9 |
-10.7 |
0.0 |
0.5 |
1.3 |
-0.6 |
0.0 |
17.4 |
(1)
|
(1)
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenditures |
540.7 |
1,017.5 |
1,773.0 |
3,027.3 |
100.0 |
100.0 |
100.0 |
100.0 |
6.5 |
5.7 |
5.5 |
Consumption expenditures |
417.9 |
724.8 |
1,276.5 |
2,149.1 |
77.3 |
71.2 |
72.0 |
71.0 |
5.7 |
5.8 |
5.3 |
Government social benefit payments to persons |
84.3 |
224.2 |
400.8 |
714.1 |
15.6 |
22.0 |
22.6 |
23.6 |
10.3 |
6.0 |
5.9 |
Medicaid |
46.9 |
163.6 |
312.1 |
578.9 |
8.7 |
16.1 |
17.6 |
19.1 |
13.3 |
6.7 |
6.4 |
Other |
37.5 |
60.6 |
88.7 |
135.2 |
6.9 |
6.0 |
5.0 |
4.5 |
4.9 |
3.9 |
4.3 |
Interest payments |
38.2 |
68.1 |
95.4 |
163.5 |
7.1 |
6.7 |
5.4 |
5.4 |
5.9 |
3.4 |
5.5 |
Subsidies |
0.3 |
0.3 |
0.4 |
0.6 |
0.1 |
0.0 |
0.0 |
0.0 |
0.8 |
2.1 |
4.8 |
Less wage accruals less disbursements |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
(1)
|
(1)
|
(1)
|
|
Net state & local government saving |
21.0 |
25.8 |
24.6 |
84.7 |
– |
– |
– |
– |
2.1 |
-0.5 |
13.2 |
Note: Dash indicates data not available. SOURCES: Historical data, Bureau of Economic Analysis; projected data, Bureau of Labor Statistics.
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Last Modified Date: December 27, 2007
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