A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | ||
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2 | FEDERAL GRANTS AS A SHARE OF STATE BUDGETS Three Year Average (2019 to 2021) | HOW SPENDING FROM A BILLIONAIRES INCOME TAX REVENUE COULD BE DISTRIBUTED IN STATES (Based on State's Current Share of Federal Spending) | ||||||||||||||||
3 | State | State Budget Funds ($ millions) | Federal Grant Funds ($ millions) | State & Federal Funds ($ millions) | Federal Funds as % of State Expenditures | State Rank of Federal Funds as % of State Expenditures | Wyden BIT Spending Over 10-years ($ millions) | Wyden Annual BIT Spending ($ millions) | Annual Increase in State Funds (% Based on 2019-2021) | Biden BMIT Spending Over 10-years ($ millions) | Biden Annual BMIT Spending ($ millions) | Annual Increase in State Funds (% Based on 2019-2021) | ||||||
4 | Alabama | $18,544 | $11,906 | $30,450 | 39.1% | 17 | $7,881 | $788 | 2.6% | $5,108 | $511 | 1.7% | ||||||
5 | Alaska | $7,669 | $5,022 | $12,691 | 39.6% | 15 | $3,324 | $332 | 2.6% | $2,154 | $215 | 1.7% | ||||||
6 | Arizona | $24,772 | $16,196 | $40,968 | 39.5% | 16 | $10,720 | $1,072 | 2.6% | $6,948 | $695 | 1.7% | ||||||
7 | Arkansas | $18,332 | $9,871 | $28,202 | 35.0% | 30 | $6,533 | $653 | 2.3% | $4,234 | $423 | 1.5% | ||||||
8 | California | $208,895 | $174,473 | $383,368 | 45.5% | 5 | $115,481 | $11,548 | 3.0% | $74,845 | $7,484 | 2.0% | ||||||
9 | Colorado | $21,656 | $11,846 | $33,502 | 35.4% | 29 | $7,841 | $784 | 2.3% | $5,082 | $508 | 1.5% | ||||||
10 | Connecticut | $25,764 | $6,757 | $32,521 | 20.8% | 48 | $4,472 | $447 | 1.4% | $2,898 | $290 | 0.9% | ||||||
11 | Delaware | $8,861 | $3,022 | $11,883 | 25.4% | 45 | $2,000 | $200 | 1.7% | $1,296 | $130 | 1.1% | ||||||
12 | Florida | $53,318 | $31,990 | $85,308 | 37.5% | 23 | $21,174 | $2,117 | 2.5% | $13,723 | $1,372 | 1.6% | ||||||
13 | Georgia | $41,052 | $16,326 | $57,378 | 28.5% | 38 | $10,806 | $1,081 | 1.9% | $7,003 | $700 | 1.2% | ||||||
14 | Hawaii | $14,693 | $3,538 | $18,231 | 19.4% | 49 | $2,342 | $234 | 1.3% | $1,518 | $152 | 0.8% | ||||||
15 | Idaho | $6,854 | $5,823 | $12,677 | 45.9% | 3 | $3,854 | $385 | 3.0% | $2,498 | $250 | 2.0% | ||||||
16 | Illinois | $58,316 | $19,453 | $77,769 | 25.0% | 46 | $12,875 | $1,288 | 1.7% | $8,345 | $834 | 1.1% | ||||||
17 | Indiana | $22,545 | $16,256 | $38,801 | 41.9% | 13 | $10,759 | $1,076 | 2.8% | $6,973 | $697 | 1.8% | ||||||
18 | Iowa | $17,128 | $8,558 | $25,686 | 33.3% | 32 | $5,664 | $566 | 2.2% | $3,671 | $367 | 1.4% | ||||||
19 | Kansas | $13,738 | $5,010 | $18,748 | 26.7% | 43 | $3,316 | $332 | 1.8% | $2,149 | $215 | 1.1% | ||||||
20 | Kentucky | $21,079 | $16,940 | $38,020 | 44.6% | 7 | $11,213 | $1,121 | 2.9% | $7,267 | $727 | 1.9% | ||||||
21 | Louisiana | $17,188 | $15,250 | $32,438 | 47.0% | 1 | $10,094 | $1,009 | 3.1% | $6,542 | $654 | 2.0% | ||||||
22 | Maine | $6,141 | $4,199 | $10,340 | 40.6% | 14 | $2,779 | $278 | 2.7% | $1,801 | $180 | 1.7% | ||||||
23 | Maryland | $31,550 | $17,282 | $48,832 | 35.4% | 28 | $11,439 | $1,144 | 2.3% | $7,414 | $741 | 1.5% | ||||||
24 | Massachusetts | $44,016 | $16,971 | $60,988 | 27.8% | 41 | $11,233 | $1,123 | 1.8% | $7,280 | $728 | 1.2% | ||||||
25 | Michigan | $36,488 | $27,833 | $64,321 | 43.3% | 9 | $18,422 | $1,842 | 2.9% | $11,940 | $1,194 | 1.9% | ||||||
26 | Minnesota | $30,887 | $13,001 | $43,888 | 29.6% | 35 | $8,605 | $861 | 2.0% | $5,577 | $558 | 1.3% | ||||||
27 | Mississippi | $10,815 | $9,092 | $19,908 | 45.7% | 4 | $6,018 | $602 | 3.0% | $3,900 | $390 | 2.0% | ||||||
28 | Missouri | $17,889 | $9,897 | $27,785 | 35.6% | 27 | $6,550 | $655 | 2.4% | $4,245 | $425 | 1.5% | ||||||
29 | Montana | $4,777 | $4,092 | $8,869 | 46.1% | 2 | $2,708 | $271 | 3.1% | $1,755 | $176 | 2.0% | ||||||
30 | Nebraska | $9,725 | $3,634 | $13,359 | 27.2% | 42 | $2,405 | $241 | 1.8% | $1,559 | $156 | 1.2% | ||||||
31 | Nevada | $10,488 | $5,244 | $15,732 | 33.3% | 31 | $3,471 | $347 | 2.2% | $2,250 | $225 | 1.4% | ||||||
32 | New Hampshire | $3,910 | $2,922 | $6,831 | 42.8% | 11 | $1,934 | $193 | 2.8% | $1,253 | $125 | 1.8% | ||||||
33 | New Jersey | $47,448 | $18,846 | $66,294 | 28.4% | 39 | $12,474 | $1,247 | 1.9% | $8,084 | $808 | 1.2% | ||||||
34 | New Mexico | $12,030 | $9,989 | $22,019 | 45.4% | 6 | $6,612 | $661 | 3.0% | $4,285 | $429 | 1.9% | ||||||
35 | New York | $105,942 | $64,263 | $170,205 | 37.8% | 22 | $42,535 | $4,253 | 2.5% | $27,567 | $2,757 | 1.6% | ||||||
36 | North Carolina | $35,989 | $23,016 | $59,005 | 39.0% | 19 | $15,234 | $1,523 | 2.6% | $9,873 | $987 | 1.7% | ||||||
37 | North Dakota | $5,127 | $2,102 | $7,229 | 29.1% | 37 | $1,391 | $139 | 1.9% | $902 | $90 | 1.2% | ||||||
38 | Ohio | $45,445 | $29,075 | $74,520 | 39.0% | 18 | $19,244 | $1,924 | 2.6% | $12,472 | $1,247 | 1.7% | ||||||
39 | Oklahoma | $15,877 | $9,233 | $25,110 | 36.8% | 24 | $6,111 | $611 | 2.4% | $3,961 | $396 | 1.6% | ||||||
40 | Oregon | $34,832 | $15,199 | $50,032 | 30.4% | 34 | $10,060 | $1,006 | 2.0% | $6,520 | $652 | 1.3% | ||||||
41 | Pennsylvania | $59,520 | $36,313 | $95,833 | 37.9% | 21 | $24,035 | $2,403 | 2.5% | $15,577 | $1,558 | 1.6% | ||||||
42 | Rhode Island | $6,530 | $5,044 | $11,574 | 43.6% | 8 | $3,339 | $334 | 2.9% | $2,164 | $216 | 1.9% | ||||||
43 | South Carolina | $17,560 | $9,823 | $27,383 | 35.9% | 25 | $6,502 | $650 | 2.4% | $4,214 | $421 | 1.5% | ||||||
44 | South Dakota | $3,050 | $2,273 | $5,323 | 42.7% | 12 | $1,504 | $150 | 2.8% | $975 | $98 | 1.8% | ||||||
45 | Tennessee | $22,140 | $16,579 | $38,719 | 42.8% | 10 | $10,974 | $1,097 | 2.8% | $7,112 | $711 | 1.8% | ||||||
46 | Texas | $85,510 | $47,724 | $133,233 | 35.8% | 26 | $31,588 | $3,159 | 2.4% | $20,472 | $2,047 | 1.5% | ||||||
47 | Utah | $13,137 | $5,939 | $19,076 | 31.1% | 33 | $3,931 | $393 | 2.1% | $2,548 | $255 | 1.3% | ||||||
48 | Vermont | $3,907 | $2,458 | $6,365 | 38.6% | 20 | $1,627 | $163 | 2.6% | $1,054 | $105 | 1.7% | ||||||
49 | Virginia | $47,871 | $15,631 | $63,503 | 24.6% | 47 | $10,346 | $1,035 | 1.6% | $6,705 | $671 | 1.1% | ||||||
50 | Washington | $37,251 | $15,599 | $52,850 | 29.5% | 36 | $10,324 | $1,032 | 2.0% | $6,691 | $669 | 1.3% | ||||||
51 | West Virginia | $13,103 | $5,080 | $18,183 | 27.9% | 40 | $3,363 | $336 | 1.8% | $2,179 | $218 | 1.2% | ||||||
52 | Wisconsin | $39,706 | $14,105 | $53,811 | 26.2% | 44 | $9,336 | $934 | 1.7% | $6,051 | $605 | 1.1% | ||||||
53 | Wyoming | $3,862 | $843 | $4,705 | 17.9% | 50 | $558 | $56 | 1.2% | $361 | $36 | 0.8% | ||||||
54 | Total | $1,462,928 | $841,538 | $2,304,466 | 36.5% | $557,000 | $55,700 | 2.4% | $361,000 | $36,100 | 1.6% | |||||||
55 | Mean Average | $1,114 | 2.3% | |||||||||||||||
56 | Source: National Association of State Budget Officers | |||||||||||||||||
57 | State Expenditure Report FY19-21, p. 110, Table A-1: Total State Expenditures by Fund Source (excludes bonds) | |||||||||||||||||
58 | https://higherlogicdownload.s3.amazonaws.com/NASBO/9d2d2db1-c943-4f1b-b750-0fca152d64c2/UploadedImages/SER%20Archive/2021_State_Expenditure_Report_S.pdf | |||||||||||||||||
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