Data Visualization

Fiscal 50: State Trends and Analysis

 

About Us

Fiscal 50 is an interactive platform that provides clear, data-driven portraits of state fiscal conditions. Users can view, sort, and analyze data on key trends that shape states’ fiscal health now and over the long term. Fiscal 50 also features research and analysis to help users understand how these trends interact and fit together—and how they relate to real-time developments playing out in state capitols across the country.

Fiscal 50 users can:

  • Explore their state’s data.
  • Compare states with one another or with national or regional benchmarks.
  • Examine state trends over time.
  • Read analyses from experts from The Pew Charitable Trusts about trends and developments in state fiscal and economic policy.

Our story

Decisions made by state leaders have profound and long-term effects on constituents and communities. By securing stable, sustainable state budgets, lawmakers can ensure that key services are reliably funded and that policy priorities are protected, even amid economic downturns. But maintaining budget stability is becoming increasingly difficult because of a growing list of challenges that states must contend with. Among those are costly and frequent natural disasters, aging infrastructure, narrowing revenue streams, shifting demographics, and disruptive new technologies. By providing the research, data, and tools needed to address these challenges, Fiscal 50 can help state leaders better understand the fiscal, economic, and demographic trends that will shape their states’ fiscal futures and make more informed decisions.

Pew has been at the forefront of research on states—providing data and evidence-driven analysis that help empower state leaders to make informed decisions. Fiscal 50 is central to Pew’s work on state budgets and has been a regular source of timely, accessible, and trustworthy information about the fiscal, economic, and demographic trends affecting state budgets since 2013.

Our approach

Fiscal 50 brings together expertise from across Pew and powerful tools of public policy research and reporting to assess state fiscal conditions and explain how unfolding developments may impact states’ long-term fiscal paths. We help state policymakers look beyond their current budgets, size up their progress over time, and easily compare their outcomes with those of neighbors or peers that have similar resources and challenges. We build on data from U.S. government agencies, organizations such as the National Association of State Budget Officers and the Urban Institute, and Pew’s own research. Differences can be expected between certain fiscal data used in this analysis and data compiled and used by states for budgeting purposes. For more information on Fiscal 50’s data, analysis, indicators, or approach, please contact Project Director Melissa Maynard at [email protected].

Meet the full team

Use our stories and graphics

All written content and graphics may be republished in print or online for free. We ask that you edit only for style or to shorten and that you attribute stories to “The Pew Charitable Trusts.” Any use online should include a link back to our website and follow Pew’s terms and conditions.

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Issue Brief

Pandemic Tax Surge: What It Means for State Budgets

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Issue Brief

When the COVID-19 pandemic ground the economy to a near-halt in spring 2020, states scrambled to adjust to an anticipated multiyear decline with drastic spending cuts and revised revenue projections. But fears of a debilitating recession were short-lived thanks, in part, to billions of dollars in aid from the federal government. Instead of extended shortfalls, from mid-2020 through the end of 2022, states experienced an unprecedented revenue wave. Collections recovered faster and at a sharper rate than states had projected in 2020 and continued to grow at historic rates, and lawmakers in many states have used the new revenue to boost reserves, pay down debt, and implement tax cuts and spending initiatives.

Data Visualization

Where States Get Their Money

FY 2022

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Data Visualization

Where States Get Their Money

The portion of state government revenue coming from federal dollars remained inflated by billions in COVID-19 pandemic relief aid in fiscal year 2021. The share increased by less than a percentage point from fiscal year 2020 levels but still set a record at 36.7%.

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Data Visualization

How States Raise Their Tax Dollars

FY 2023

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Data Visualization

How States Raise Their Tax Dollars

Taxes made up almost half of state government revenue in fiscal year 2022, with two-thirds of states’ total tax dollars coming from levies on personal income (38.2%) and general sales of goods and services (29.5%). Broad-based personal income taxes were the greatest source of tax dollars in 31 of the 41 states that impose them, with the highest share (62.3%) in Oregon and the lowest share (8.8%) in North Dakota.