Texas ranks __________ in per capital federal government spending.

State budgets and also COVID: Pre-COVID Issues in the time of COVID General coronavirus coverage
Texas budacquire and also finances

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State budget and finance pperiods • Total state expenditures • State debt • Tax policy in Texas
Note: In comparing dollar amounts throughout the claims, it is important to note that the expense of living have the right to differ from state to state and within a state. The quantities provided on this page have not been adjusted to reflect these differences. For even more information on "neighborhood price disparities" and the Consumer Price Index, see the UNITED STATE Department of Commerce, Bureau of Economic Analysis. This post, which is updated on an yearly basis, was last updated in June 2017. It contains information from numerous sources; subsequently, the money of the information have the right to differ from source to source.
In Texas, as in other says, lawequipments and public officials are chosen in component to regulate the state"s finances. This consists of generating revenues (money coming into the state from assorted sources) and also providing expenditures (the money spent on governpsychological attributes and also servicing state debt). State budgets are complicated and also fluid, as they depend on anticipated earnings and also planned expenditures, which might alter over the course of a fiscal year. If profits perform not save pace via expenditures, claims mostly need to raise taxes, cut solutions, borrow money, or a mix of the 3. State budgain decisions are additionally influenced by plan decisions at the nationwide level, such as the Affordable Care Act or power and environmental regulations, and also concerns at the regional level, such as crime and the quality of education.

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In Texas in fiscal year 2015, 88.9 percent of total taxes profits came from sales taxes and gross receipts. Texas does not collect an income tax.
Education accounted for 37.5 percent of state expenditures in fiscal year 2015, while 30.6 percent visited Medichelp.

Definitions

The adhering to terms are offered to explain a state"s finances:

Revenues come mostly from tax collections, licensing fees, federal help, and returns on investments. Expenditures mostly encompass spending on federal government salaries, infrastructure, education, public pensions, public assistance, corrections, Medicassist, and transportation. State debt describes the money obtained to consist of for a deficit as soon as revenues execute not cover spfinishing. The state credit rating is the grade offered by a crmodify rating company based on the general financial health and wellness of the state"s federal government and also economic climate. Total spending is calculated by including together the totals for state and federal funds offered for expenditures.

Revenues

2016 revenues

See also: State federal government taxation collections by source

The table listed below breaks dvery own state government taxation collections by resource in 2016 (equivalent numbers from neighboring states are likewise offered to offer additional context). Figures for all columns other than "2016 population" and "Per capita collections" are rendered in thousands of dollars (for instance, $2,448 converts to $2,448,000). Figures in the columns labeled "2016 population" and "Per capita collections" have actually not been abbreviated.<3>

State tax collections by resource ($ in thousands), 2016 State Property taxes Sales and gross receipts Licenses Income taxes Other taxes Total 2016 population Per capita collections
Texas N/A $46,370,774 $3,414,335 N/A $2,347,708 $52,132,817 27,862,596 $1,871
Louisiana $62,273 $5,352,907 $400,191 $3,038,035 $456,267 $9,309,673 4,681,666 $1,989
New Mexico $106,524 $2,930,004 $342,527 $1,523,753 $559,299 $5,462,107 2,081,015 $2,625
Oklahoma N/A $3,778,399 $1,039,167 $3,324,653 $348,968 $8,491,187 3,923,561 $2,164
USA $18,364,298 $442,909,995 $52,164,396 $392,286,910 $24,538,146 $930,263,745 322,762,018 $2,882.20
Source: UNITED STATE Census Bureau, "2016 annual survey of state federal government taxation collections by category," accessed June 26, 2017

The table listed below lists 2016 tax collections by source as percenteras of total collections. About 88.9 percent of Texas" complete state tax collections came from sales taxes and also gross receipts.<3>

State taxes collections by source (as percentages), 2016 State Property taxes Sales and also gross receipts Licenses Income taxes Other taxes
Texas N/A 88.9% 6.5% N/A 4.5%
Louisiana 0.7% 57.5% 4.3% 32.6% 4.9%
New Mexico 2.0% 53.6% 6.3% 27.9% 10.2%
Oklahoma N/A 44.5% 12.2% 39.2% 4.1%
Source: UNITED STATE Census Bureau, "2016 yearly survey of state federal government taxes collections by category," accessed April 4, 2016

Federal aid to the state budget

See also: Federal aid to state budgets

State federal governments receive help from the federal government to fund a variety of joint programs, greatly in the develop of grants for such points as Medicaid, education and learning, and also transport. In 2014, federal help to the says accounted for approximately 31 percent of all state basic revenues. Federal help varies from state to state. For instance, Mississippi received roughly $7.2 billion in federal help in 2014, accounting for around 41 percent of the state"s basic earnings, the greatest percent of every one of the says. By contrast, North Dakota obtained about $1.5 billion in federal assist in 2014, or just 17 percent of the state"s basic revenues, the lowest percentage in the country.<4>

The table listed below notes what share of Texas’ general profits came from the federal federal government in 2014. That year, Texas received about $38.6 billion in federal assist, 31.8 percent of the state"s general profits. Taking right into consideration the state"s 2014 population, this came out to about $1,434 in federal assist per capita. Figures from bordering claims are provided for extra conmessage.

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Federal help to state budgets, 2014 State Total federal assist ($ in thousands) Federal assist as a % of basic earnings Ranking (by % of basic revenues) Est. 2014 population Aid per capita
Texas $38,637,304 31.8% 28 26,944,751 $1,434
Louisiana $10,170,139 40.1% 2 4,647,880 $2,188
New Mexico $5,371,390 34.5% 17 2,083,024 $2,579
Oklahoma $7,290,039 34.0% 18 3,877,499 $1,880
Sources: United States Census Bureau, "2014 State and also Local Government Finances," accessed June 26, 2017Note: Per-capita figures were generated by sarkariresultonline.info by dividing complete federal aid for the state by the approximated populace of that state in 2014.

Spending

Estimated 2016 expenditures

See also: Total state expenditures

The table listed below breaks down estimated spending totals for fiscal year 2016 (similar numbers from surrounding claims are had to provide added context). Figures for all columns other than "Population” and “Per capita spending" are rendered in numerous dollars (for instance, $2,448 translates to $2,448,000,000). Figures in the columns labeled "Population” and “Per capita spending" have not been abbreviated.<5>

The full estimated government spfinishing in Texas in fiscal year 2016 was $127.3 billion.

Total estimated state spfinishing, FY 2016 ($ in millions) State State funds Federal funds Total spfinishing Population Per capita spending
Texas $82,327 $44,956 $127,283 27,862,596 $4,568
Louisiana $19,265 $10,338 $29,603 4,681,666 $6,323
New Mexico $10,701 $7,375 $18,076 2,081,015 $8,686
Oklahoma $15,063 $7,656 $22,719 3,923,561 $5,790
Per-capita figures are calculated by taking the state"s total spending and dividing by the variety of state citizens according to USA Census Bureau approximates.Source: National Association of State Budget Officers, "State Expenditure Report (Fiscal 2014-2016)," accessed June 26, 2017

Spending by function

See also: State spfinishing by function as a percent of complete expenditures

State spending in Texas can be additionally damaged down by attribute (elementary and additional education, public assistance, and so on.). Fiscal year 2015 information is included in the table below (indevelopment from neighboring states is offered for additional context). Figures are rendered as percentperiods, indicating the share of the complete budacquire invested per category.<5>

In fiscal year 2015, education accounted for 37.5 percent of Texas" full expenditures.

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State spending by feature as a percent of complete expenditures, FY 2015StateK-12 educationHigher educationPublic assistanceMedicaidCorrectionsTrans-portationOther
Texas 24.2% 13.3% 0.1% 30.6% 2.9% 8.7% 20.3%
Louisiana 18.8% 9.9% 0.5% 27.6% 3% 5.6% 34.7%
New Mexico 18.2% 17.5% 0.6% 30.3% 1.8% 5.0% 26.5%
Oklahoma 16.1% 23.8% 1.0% 24.0% 2.2% 6.8% 26.2%
Source: National Association of State Budget Plan OfficersNote: "Other" expenditures encompass "Children"s Health Insurance Program (CHIP), institutional and neighborhood treatment for the mentally ill and developmentally disabled, public wellness programs, employer contributions to pensions and also health benefits, economic advancement, ecological projects, state police, parks and also reproduction, housing and basic aid to local governments."<5>

Spending trends

The table listed below details the spfinishing fads in Texas in previous years. Figures are rendered as percentperiods, indicating the share of the full budget spent per category.<1><6><7>

Spfinishing by feature from 2010 to 2015 (as percentages)YearK-12 educationHigher educationPublic assistanceMedicaidCorrectionsTransportationOther
2015 24.2% 13.3% 0.1% 30.6% 2.9% 8.7% 20.3%
2014 25.0% 14.0% 0.1% 30.1% 3.1% 9.0% 18.7%
2013 27.4% 15.7% 0.1% 31.7% 3.6% 8.9% 12.6%
2012 28.7% 15.8% 0.1% 30.1% 3.5% 8.1% 13.8%
2011 30.0% 11.8% 0.1% 24.6% 4.1% 7.7% 21.6%
2010 29.3% 10.0% 0.3% 24.6% 4.0% 7.2% 24.6%
Source: National Association of State Budget OfficersNote: "Other" expenditures include "Children"s Health Insurance Program (CHIP), institutional and neighborhood care for the mentally ill and developmentally disabled, public wellness programs, employer contributions to pensions and wellness benefits, financial development, eco-friendly projects, state police, parks and redevelopment, housing and general help to neighborhood governments."<5>