Alabama’s budget increased cumulatively more than the rate of population growth plus inflation in state funds and all funds from 2014-23, meaning that taxes are higher than the average taxpayer can afford. 

  • The 2023 state funds budget is $3.0 billion higher than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the state funds budget grew by more than population growth plus inflation for each of the last ten years, the state spent and taxed $13.5 billion too much.
  • The 2023 all funds budget is $6.8 billion higher than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the all funds budget grew by more than population growth plus inflation for each year over the past decade, the state spent and taxed $27.7 billion too much.

State Funds Budget Data

  • Estimated FY 2024 Only State Funds Budget ($ Billions): $22.90
  • FY 2025 Only State Funds Budget Limit ($ Billions): $24.24
  • FY 2025 Only State Funds Budget Limit Growth ($ Billions): 5.86%
  • Cost per person of state funds budgeting more than pop+inf over the last decade in 2023 budget: $586
  • Cost per family of 4 of budgeting more than pop+inf over the last decade in 2023 budget: $2,346
  • Cumulative cost per person of state funds budgeting more than pop+inf over the last decade from 2014-23: $2,647
  • Cumulative cost per family of 4 of state funds budgeting more than pop+inf over the last decade from 2014-23: $10,587

State All Funds Budget Data

  • Estimated FY 2024 All Funds Budget ($ Billions): $38.68
  • FY 2025 All Funds Budget Limit ($ Billions): $40.95
  • FY 2025 All Funds Budget Limit Growth ($ Billions): 5.86%
  • Cost per person of all funds budgeting more than pop+inf over the last decade in 2023 budget: 1,330
  • Cost per family of 4 of all funds budgeting more than pop+inf over the last decade in 2023 budget: 5,321
  • Cumulative cost per person of all funds budgeting more than pop+inf over the last decade from 2014-23: 5,429
  • Cumulative cost per family of 4 of all funds budgeting more than pop+inf over the last decade from 2014-23: 21,715

Other Considerations