Credit Ratings for state debt from S&P Global as of January 2017:
  AAA
  AA+
  AA
  AA-
  A+
  A
  A-
  BBB+
  BBB

This is a list of U.S. state government budgets as enacted by each state's legislature. Note that 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).

State Budget (billions $)[note 1] FY Reference Budget per capita (in $)[note 1] S&P Credit rating in January 2017[1]
 Alabama 32.1 2019 [2] 6,577 201 AA
 Alaska 8.3 2020 [3] 11,254 211 AA+
 Arizona 43.4 2020 [4] 6,050 201 AA
 Arkansas 31.8 2018 [5] 10,585 201 AA
 California 286.5 2022-23 [6] 7,300 191 AA-
 Colorado 35.5 2019-20 [7] 6,236 201 AA
 Connecticut 21.5 2020 [8] 6,025 191 AA-
 Delaware 4.5 2020 [9] 4,603 221 AAA
 Florida 109.9 2022-2023 [10] 4,277 221 AAA
 Georgia 48.7 2020 [11] 4,634 221 AAA
 Hawaii 15.4 2020 [12] 10,810 211 AA+
 Idaho 7.9 2018 [13] 4,601 211 AA+
 Illinois 50.4 2024 [14] 3,147 141BBB
 Indiana 21.0 2020 [15] 3,147 221 AAA
 Iowa 8.9 2020 [16][17] 2,815 221 AAA
 Kansas 18.4 2020 [18] 6,320 191 AA-
 Kentucky 36.6 2020 [19] 8,069 181 A+
 Louisiana 35.4 2018 [20] 7,591 201 AA
 Maine 8.0 2020-21 [21] 5,962 201 AA
 Maryland 51.2 2020 [22][23] 8,475 221 AAA
 Massachusetts 41.9 2019[note 2] [25] 6,068 211 AA+
 Michigan 81.7 2024 [26] 9,457 191 AA-
 Minnesota 23.9 2020 [27] 4,268 211 AA+
 Mississippi 21.1 2020 [28] 7,059 201 AA
 Missouri 30.0 2020 [29] 4,898 221 AAA
 Montana 5.1 2020 [30] 4,793 201 AA
 Nebraska 9.7 2019-20 [31] 5,024 221 AAA
 Nevada 26.3 2017–19 [32] 8,772 201 AA
 New Hampshire 6.0 2019[note 3] [34] 4,398 201 AA
 New Jersey 55.4 2020 [35] 6,224 161 A-
 New Mexico 19.1 2020 [36] 9,101 211 AA+
 New York 220 2022 [37] 9,087 211 AA+
 North Carolina 23.9 2018-19[note 4] [39] 2,303 221 AAA
 North Dakota 14.7 2019-21 [40] 19,328 211 AA+
 Ohio 161.9 2022-2023 [41] 5,902 211 AA+
 Oklahoma 8.1 2020 [42] 2,062 211 AA+
 Oregon 112.8 2021-2023 [43] 18,273 211 AA+
 Pennsylvania 38.6 2022 [44] 2,655 191 AA-
 Rhode Island 10.0 2020 [45] 9,430 201 AA
 South Carolina 29.5 2019-20 [46] 5,810 211 AA+
 South Dakota 4.9 2020 [47] 5,575 221 AAA
 Tennessee 38.6 2019-20 [48] 5,695 221 AAA
 Texas 143.2 2021 [49] 3,759 221 AAA
 Utah 29.36 2023-2024 [50] 8,795 221 AAA
 Vermont 6.0 2020 [51] 9,580 211 AA+
 Virginia 159.9 2023-2024 [52] 18,412 221 AAA
 Washington 122.7 2022-2023 [53] 15,707 211 AA+
 West Virginia 13.8 2020 [54] 7,652 191 AA-
 Wisconsin 40.1 2019-20 [55] 6,901 201 AA
 Wyoming 8.9 2019-20 [56] 15,419 221 AAA
  1. ^ a b Some figures are approximate.
  2. ^ The FY 2020 budget for the Commonwealth of Massachusetts has not yet been passed.[24]
  3. ^ The FY 2020 budget for the State of New Hampshire passed by the legislature was vetoed by the Governor.[33]
  4. ^ The FY 2020 budget for the State of North Carolina passed by the legislature was vetoed by the Governor.[38]

See also

References

  1. ^ "Rainy Day Funds and State Credit Ratings" (PDF). Pew Charitable Trusts. May 18, 2017. pp. 10–12. Retrieved 24 May 2018.
  2. ^ Fulford, Kirk (2019). Budget Fact Book – FY 2019 (PDF). Montgomery, Ala.: Alabama Legislative Fiscal Office. p. 1. Retrieved 3 July 2019.
  3. ^ Alaska Office of Management and Budget (28 June 2019). "Fiscal Year 2020 Enacted Budget Summary" (PDF). Retrieved 3 July 2019.
  4. ^ FY 2020 Appropriations Report (PDF). Phoenix, Ariz.: Arizona Joint Legislative Budget Committee. June 2019. p. BH-21. Retrieved 3 July 2019.
  5. ^ "FY 2018 Authorized Appropriation" (PDF). Arkansas Department of Finance and Administration. Arkansas Department of Finance and Administration. 15 August 2017. p. 7. Retrieved 11 June 2018.
  6. ^ "Ebudget".
  7. ^ Budget in Brief: Fiscal Year 2019–20 (PDF). Denver, Colo.: Colorado Joint Budget Committee. 2019. p. 5. Retrieved 3 July 2019.
  8. ^ Connecticut General Assembly Office of Fiscal Analysis (2019). "Fiscal Note for HB-7424 - AN ACT CONCERNING THE STATE BUDGET FOR THE BIENNIUM ENDING JUNE THIRTIETH, 2021, AND MAKING APPROPRIATIONS THEREFOR, AND IMPLEMENTING PROVISIONS OF THE BUDGET" (PDF). Connecticut General Assembly. Retrieved 3 July 2019.
  9. ^ Section 1, House Bill No. 225 of 2019. Delaware General Assembly. p. 58. Retrieved 3 July 2019.
  10. ^ Section 102, Act No. 115 of 2019. Florida Legislature. p. 433. Retrieved 3 July 2019.
  11. ^ House Bill No. 31 of 2019 (PDF). Georgia General Assembly. p. 3. Retrieved 3 July 2019.
  12. ^ "EXEC HB2 CD1 Worksheets" (PDF). Hawaii State Legislature. Hawaii State Legislature. p. 933. Retrieved 3 July 2019.
  13. ^ 2017 Legislative Fiscal Report (PDF). Boise, Idaho: Idaho Legislative Services Office. 2017. p. 33. Retrieved 11 June 2018.
  14. ^ "Gov. Pritzker Signs Fifth Balanced Budget" (Press release). Chicago: Illinois Office of the Governor. June 7, 2023. Retrieved June 7, 2023.
  15. ^ Indiana Legislative Services Agency (30 April 2019). "Fiscal Impact Statement for HB 1001" (PDF). Indiana General Assembly. p. 8. Retrieved 4 July 2019.
  16. ^ "Summary Data - General Fund" (PDF). Iowa Legislature. 27 April 2019. Retrieved 8 July 2019.
  17. ^ "Summary Data - Other Funds" (PDF). Iowa Legislature. 27 April 2019. Retrieved 8 July 2019.
  18. ^ Kansas Legislative Research Department (2019). 2019 Summary of Legislation (PDF). Topeka, Kan.: Kansas Legislative Research Department. p. 145.
  19. ^ 2018–2020 Budget of the Commonwealth – Budget in Brief (PDF). Frankfort, Ky.: Kentucky Office of the State Budget Director. 2018. p. 17. Retrieved 8 July 2019.
  20. ^ Carpenter, John D.; Brasseaux, Evan (2019). FY 20 Budget Executive Summary (PDF). Baton Rouge, La.: Louisiana Legislative Fiscal Office. p. 10. Retrieved 8 July 2019.
  21. ^ "Governor Mills Signs State's Two-Year Budget Into Law" (Press release). Maine Office of the Governor. 17 June 2019. Retrieved 8 July 2019.
  22. ^ "Operating - Fiscal Year 2020". General Assembly of Maryland. Retrieved 8 July 2019.
  23. ^ "Capital - Fiscal Year 2020". General Assembly of Maryland. Retrieved 8 July 2019.
  24. ^ Norton, Michael; Lisinski, Chris (2019-07-08). "A state budget doesn't seem urgent to Mass. lawmakers". Lowell Sun. State House News Service. Retrieved 2019-07-08.
  25. ^ "FY 2019 Budget - All Government Areas - Summary". FY 2019 Budget Summary. 10 August 2019. Retrieved 8 July 2019.
  26. ^ Gov. Whitmer Applauds Passage of ‘Make it in Michigan’ Budget. Lansing, Mich.: Executive Office of Governor Gretchen Whitmer. 2023. Retrieved 28 June 2023.
  27. ^ "Overall GF Budget, FY 2020-21 - Appropriation Tracking, Conference Jurisdictions - First Special Session, 2019 Regular Session" (PDF). Minnesota State Senate. Retrieved 8 July 2019.
  28. ^ Budget Bulletin – FY 2020 (PDF). Jackson, Miss.: Mississippi Legislative Budget Office. 2019. p. 21. Retrieved 8 July 2019.
  29. ^ "FY 2020 Totals by Department" (PDF). Missouri Division of Budget and Planning. Retrieved 8 July 2019.
  30. ^ "General Appropriations Act of 2019". Chapter No. 483 of 2019 (PDF). Montana State Legislature. pp. E-6. Retrieved 8 July 2019.
  31. ^ "All Fund Type Functional Summary, 2019‐2021 Biennium" (PDF). Nebraska State Budget Division. 2019. Retrieved 9 July 2019.
  32. ^ "Statewide Expenditure Summary by Function". Open Budget. Nevada Budget Division. Retrieved 11 June 2018.
  33. ^ Ramer, Holly (28 June 2019). "As expected, Sununu vetoes New Hampshire budget". WCAX. Associated Press. Retrieved 2019-07-09.
  34. ^ Section 1.07, Chapter No. 155 of 2017 (PDF). New Hampshire General Court. p. 833. Retrieved 9 July 2019.
  35. ^ Chapter No. 150 of 2019 (PDF). New Jersey Legislature. pp. 204, 234. Retrieved 9 July 2019.
  36. ^ "General Appropriation Act of 2019". Section 4, HB No. 2 of 2019 (PDF). New Mexico Legislature. p. 173. Retrieved 9 July 2019.
  37. ^ FY 2020 Enacted Budget Fiscal Plan (PDF). Albany, N.Y.: New York State Division of Budget. 2019. p. 7. Retrieved 22 June 2019.
  38. ^ Moomey, Liz (2019-07-08). "Political Notebook: General Assembly again considering budget after veto". Salisbury Post. Retrieved 2019-07-09.
  39. ^ "Where the Money Goes" (PDF). North Carolina General Assembly Fiscal Research Division. 1 August 2018. Retrieved 9 July 2019.
  40. ^ "Final Budget Status Report - Appropriations by Department" (PDF). North Dakota Legislature. 21 May 2019. Retrieved 9 July 2019.
  41. ^ "Belated state budget heads to governor". The Vindicator. Youngstown. Associated Press. 18 July 2019. Retrieved 25 July 2019.
  42. ^ Tygert, Mark (16 May 2019). "Fiscal Impact Report - HB 2765" (PDF). Oklahoma Legislature. p. 1. Retrieved 10 July 2019.
  43. ^ Rocco, Ken (2018). 2017–19 Budget Highlights Update (PDF). Salem, Ore.: Oregon Legislative Fiscal Office. p. 1. Retrieved 12 June 2018.
  44. ^ Pennsylvania Office of the Budget. "General Fund Tracking Run" (PDF). p. 10. Retrieved 10 July 2019.
  45. ^ Article 1, H No. 5175Aaa of 2019 (PDF). Rhode Island General Assembly. p. 30. Retrieved 10 July 2019.
  46. ^ "General Appropriations Act, 2019-20". Section 115, H No. 4000 of 2019. South Carolina General Assembly. p. 262. Retrieved 10 July 2019.
  47. ^ Clark, Liza (2019). State of South Dakota Budget in Brief: Fiscal Year 2020 (PDF). Pierre, S.Dak.: South Dakota Bureau of Finance and Management. p. 59. Retrieved 10 July 2019.
  48. ^ "2019-20 Budget Summary" (PDF). Tennessee General Assembly. Tennessee Office of Legislative Budget Analysis. 5 March 2019. p. 1. Retrieved 10 July 2019.
  49. ^ "Urban Institute State Fiscal Briefs". SB No. 1 of 2022. Retrieved 2 August 2022.
  50. ^ "Compendium of Budget Information for the 2023-2024 General Session". Retrieved 4 March 2023.
  51. ^ Bradley, Pat (19 June 2019). "Vermont Governor Signs 2020 State Budget". WAMC. Retrieved 10 July 2019.
  52. ^ "Budget Bill". Chapter No. 854 of 2016. Virginia General Assembly. Retrieved 10 July 2019.
  53. ^ "2019-21 Budget". Washington State Fiscal Website. Washington State Legislature. Retrieved 10 July 2019.
  54. ^ "Budget, Foster Care Bills Passed by Senate" (Press release). Charleston, W.Va.: West Virginia Legislature. 8 March 2019. Overall, the total appropriations for the bill rests at $13,818,886,210
  55. ^ Section 124, Act No. 9 of 2019 (PDF). Wisconsin Legislature. p. 5. Retrieved 10 July 2019.
  56. ^ 2019 Budget Fiscal Data Book (PDF). Cheyenne, Wyo.: Wyoming Legislative Service Office. 2018. p. 100. Retrieved 10 July 2019.

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