State Funds Data
- Est. 2023 State Funds Budget ($ Billions): $45.62
- Responsible Budget cap for 2024 state funds budget ($ Billions): $47.11
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $1,933.97
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $7,735.89
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $7,372.49
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $29,489.94
Total Budget Data
- Est. 2023 Total Budget ($ Billions): $67.15
- Responsible Budget cap for 2024 total budget ($ Billions): $69.34
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $1,933.97
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $7,735.89
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $7,372.49
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $29,489.94
Other Considerations
- State Tax Collections Per Capita (FY2021) ($): $4,214 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 12 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $7,803 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 10.70% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 30 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 0.00% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 35 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): Z [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 28 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 0.00% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 50 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 8.86% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 6 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 0.87% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 29 [Tax Foundation]
- Supermajority requirement to raise taxes (Y/N): [ALEC]
- Tax and Expenditure Limit (0-3): 2 [ALEC]
- Tax and Expenditure Limit (Rank): 3 [ALEC]
- Right-to-Work Law (2022) (Y/N): N [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $16,276 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 43 [US Government Spending]
- Official Poverty Rate (2019-21)(%): 7.60% [Census Bureau]
- Official Poverty Rate (2019-21) (Rank): 5 [Census Bureau]
- Supplemental Poverty Rate (2019-21) (%): 13.20% [Census Bureau]
- Supplemental Poverty Rate (2019-21) (Rank): 50 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 64.20% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 17 [Bureau of Labor Statistics]