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Federal spending pie chart12/13/2023 ![]() Interest and Dividends tax is imposed at 5.0% of income received from interest and dividends. Interest and Dividends Tax - RSA Chapter 77.The tax also applies to certain nonprofit health insurers and dental insurers. The Insurance tax is equal to 2% of premiums on policies that insure risks within the State. The Communications tax is assessed monthly at a rate of 7% on two-way communication service billings in excess of $12. The chart below shows the "types" of revenue that are collected for these purposes.ĭollars are estimated in Thousands and reflect Chapter 106, Laws of 2023 (HB1) revenue estimates and does not include adjustments in Chapter 79, Laws of 2023 (HB2) or within the Committee of Conference Surplus Statement.īusiness Taxes are comprised of the Business Profits Tax (BPT) and the Business Enterprise Tax (BET). Unrestricted revenues are those sources of funds for use by the General and Education Trust funds. Also, revenues from Highway, Fish & Game fees, Turnpike Tolls and other "restricted purpose funds" are used only for expenditures within those funds. Federal program revenues are used only for the purposes of those programs. Unrestricted Revenue - General Fund and Education Trust FundĬertain sources of funds are to be used for specific purposes. Source: Chapter 106, Laws of 2023, HB1, Section 1.07 Summaryĭoes not include footnotes and other adjustments from Chapter 79, Laws of 2023 (HB2) State and local revenue is updated when published by the US Census Bureau.Estimated FY 2024 Restricted and Unrestricted Revenue ![]() Typically, federal revenue for the fiscal year ending September 30 is first updated from the US Treasury data published in mid October each year, and then updated when the federal budget is published the following February. The most recent year for actual local government revenue is FY 2020. The most recent year for actual state revenue is FY 2021. The most recent year for actual federal revenue is FY 2022. ![]() MS Access database at a US Census Bureau site:įederal revenue prior to 1962 and state and local revenue prior to 1971 is obtained fromīicentennial Edition: Historical Statistics of the United States, Colonial Times to 1970.įor a table of data sources see Government Spending Data: Sources. State and local revenue for individual states between 19 is obtained from an Statistical Abstract of the United States. Nationwide state and local revenue between 19 is obtained from State and local receiptsboth for the United States as a whole and for individual statesfor 1992 and after are derived from spending, revenue, and debt data in theĬensus of state and local government finances. More recent spending, including future years out to 2028, areįederal receipts for 1962 and after are based on federal data on receipts in the Records of recent revenue are more detailed than historicalĪll federal receipts prior to 2023, state revenue prior to 2022 and local revenue prior to 2021 are actual. Three categories: budgeted, estimated, and guesstimated. Government revenue data in includes historical revenue and also future revenue in 2011/03/change-to-guesstimated-state-and-local.html'Guesstimated' by projecting the latest change in reported revenue forward to future yearssource: ĭata Sources: For a discussion of the sources of the government revenue data used here read How Tables 2.1, 2.4, 2.5, 7.1State and Local: and Local Gov. ![]() Gross Public Debt32,692.9e0.01,246.1g2,195.4g36,134.4gLegend: b - estimated by US budget g - 'guesstimated' projection by e - estimated by Data Sources:GDP, GO: /search/label/usgdpGDP, GO SourcesFederal: Budget: Hist. 2011/03/change-to-guesstimated-state-and-local.html'Guesstimated' by projecting the latest change in reported revenue forward to future years GDP, GO: /search/label/usgdpGDP, GO Sourcesįederal: Budget: Hist. G - 'guesstimated' projection by Į - estimated by United States Federal, State and Local Government Revenue ![]()
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