The Pew Charitable Trusts: State data: Share of budgets from federal funds

View in web browser The Ledger | State Fiscal Resources

Federal Funds Make Up Record Share of State Budgets The portion of state revenue that comes from federal funds usually ranges from about a quarter to a third. However, Medicaid support, COVID-19 funds, and other federal aid during the pandemic pushed that to a new high. 50-STATE DATA, ANALYSIS

FACT OF THE MATTER 49 The number of states that saw the share of federal funds in their budgets grow in fiscal year 2021 compared with just before the pandemic

How States Can Invest in Long-Term Fiscal Stability Many states expect continued budget surpluses, thanks largely to the American Rescue Plan, 2021 in-frastructure law, and other federal investments. But what will happen when those one-time funds stop flowing? USE THESE STRATEGIES

RELATED RESOURCES Federal Funding for Affordable Broadband Plans Critical to Achieving Universal Access Strengthening Democracy in America: Voice of the People PEW'S "AFTER THE FACT" PODCAST QUOTE OF NOTE "Wildfires are becoming bigger and more costly over time. … We're just seeing budgets being stressed all over the country." Pew’s Ronojoy Sen in an interview with KUNM (New Mexico) IN THE MEDIA U.S. Unemployment Rate Spikes to 3.8%; Labor Market Still Has Momentum REUTERS More Public Sector Workers Needed. Lots More ROUTE FIFTY What Do Rising Interest Rates Mean for Government Debt? LONG STORY SHORT States Have Big Hopes for Renewable Energy. Get Ready to Pay for It POLITICO

Was this forwarded to you? Don't miss our next email. SIGN UP 901 E Street NW, Washington, DC 20004-2008 Copyright © 2023 The Pew Charitable Trusts. All Rights Reserved.