State Funds Data
- Est. 2023 State Funds Budget ($ Billions): $67.23
- Responsible Budget cap for 2024 state funds budget ($ Billions): $70.04
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $2,261.53
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $9,046.10
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $5,039.27
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $20,157.09
Total Budget Data
- Est. 2023 Total Budget ($ Billions): $93.18
- Responsible Budget cap for 2024 total budget ($ Billions): $97.08
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $2,261.53
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $9,046.10
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $5,039.27
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $20,157.09
Other Considerations
- State Tax Collections Per Capita (FY2021) ($): $4,382 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 11 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $8,390 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 12.90% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 44 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 4.95% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 23 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): F [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 36 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 9.50% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 3 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 8.82% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 8 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 2.08% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 2 [Tax Foundation]
- Supermajority requirement to raise taxes (Y/N): [ALEC]
- Tax and Expenditure Limit (0-3): 0 [ALEC]
- Tax and Expenditure Limit (Rank): 32 [ALEC]
- Right-to-Work Law (2022) (Y/N): N [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $14,138 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 35 [US Government Spending]
- Official Poverty Rate (2019-21)(%): 9.30% [Census Bureau]
- Official Poverty Rate (2019-21) (Rank): 20 [Census Bureau]
- Supplemental Poverty Rate (2019-21) (%): 9.60% [Census Bureau]
- Supplemental Poverty Rate (2019-21) (Rank): 35 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 64.50% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 16 [Bureau of Labor Statistics]