Table 7.4

Fiscal 2022 General Fund Revenue Collections Compared With Projections Used to Adopt Fiscal 2022 Budgets (Millions)

Data publication year: 2023 (showing) 2022

		Sales Tax		Personal Income Tax		Corporate Income Tax		Gaming/Lottery Revenue		All Other Revenue		Total
FIPS	State or other jurisdiction	Original Esitmate	Preliminary Actual	Original Esitmate	Preliminary Actual	Original Esitmate	Preliminary Actual	Original Esitmate	Preliminary Actual	Original Esitmate	Preliminary Actual	Original Esitmate	Preliminary Actual
	Total	$294,501	$334,720	$450,534	$528,747	$67,603	$121,416	$9,110	$10,266	$152,851	$179,343	$974,599	$1,174,492
01	Alabama	3,035	3,494	4,235	5,809	542	1,053			2,216	2,459	10,028	12,815
02	Alaska					10	15	2	4	1,650	3,865	1,662	3,884
04	Arizona	6,380	7,140	5,890	7,401	645	1,112		26	(328)	741	12,587	16,420
05	Arkansas	2,815	3,115	3,190	4,133	479	783	33	48	478	538	6,995	8,617
06	California (a)	28,986	32,750	123,298	136,497	18,106	46,395	0	0	6,811	6,132	177,201	221,774
08	Colorado	3,677	4,259	9,103	11,468	803	1,408			274	73	13,857	17,208
09	Connecticut (b)	4,275	4,818	10,361	12,057	1,116	1,402	633	644	4,637	3,075	21,022	21,996
10	Delaware			1,788	1,909	145	314	220	236	2,972	3,370	5,125	5,829
12	Florida (c)	27,135	34,040			2,876	3,762	20	15	4,834	6,220	34,865	44,037
13	Georgia	6,649	7,306	12,739	14,112	881	1,426			5,515	5,731	25,784	28,575
15	Hawaii	3,748	3,980	2,498	3,760	149	256			1,548	2,216	7,943	10,212
16	Idaho	1,866	2,195	2,089	2,603	261	1,039			187	361	4,403	6,198
17	Illinois	9,255	10,234	20,792	24,839	3,293	5,407	837	960	8,191	8,893	42,368	50,333
18	Indiana	9,074	9,991	6,711	8,181	884	1,540	422	509	1,238	1,223	18,329	21,444
19	Iowa	3,399	3,854	5,051	5,780	743	919	90	98	(994)	(847)	8,289	9,804
20	Kansas (d)	3,515	3,534	4,500	4,836	725	806			(1,045)	(1,261)	7,695	7,915
21	Kentucky	4,336	5,063	5,004	6,048	469	1,187	292	295	1,749	2,111	11,850	14,704
22	Louisiana	3,828	4,584	3,793	4,438	500	897	363	428	1,404	738	9,888	11,085
23	Maine	1,857	2,079	1,845	2,581	220	416	60	71	198	245	4,180	5,392
24	Maryland (e)	4,997	5,967	11,663	13,548	1,252	1,700	596	635	1,774	2,194	20,282	24,044
25	Massachusetts	5,552	6,228	19,941	24,337	3,437	4,577	1,427	1,440	8,908	9,631	39,265	46,213
26	Michigan	2,032	2,320	7,289	8,831	605	1,228			1,320	1,298	11,246	13,677
27	Minnesota	6,234	6,603	12,819	14,477	1,478	2,376	177	238	3,409	3,709	24,117	27,403
28	Mississippi	2,629	2,983	1,884	2,500	490	855	125	174	799	876	5,927	7,388
29	Missouri	2,254	2,692	6,745	9,010	412	711			374	468	9,785	12,881
30	Montana	66	93	1,539	2,394	161	294	77	93	800	1,017	2,643	3,891
31	Nebraska	1,993	2,133	2,314	3,243	350	715			223	257	4,880	6,348
32	Nevada	1,355	1,613					739	1,005	2,331	2,824	4,425	5,442
33	New Hampshire					604	750			1,057	1,242	1,661	1,992
34	New Jersey	12,222	13,235	16,881	20,586	4,093	5,753			8,664	11,830	41,860	51,404
35	New Mexico (f)	2,617	3,492	1,667	1,920	42	306	64	71	3,158	3,151	7,548	8,940
36	New York	14,782	13,815	53,272	59,519	6,986	8,482	14	13	7,630	10,051	82,684	91,880
37	North Carolina	9,611	10,201	14,312	17,568	1,120	1,626			3,370	3,815	28,413	33,210
38	North Dakota	845	976	386	456	100	213	7	6	649	739	1,987	2,390
39	Ohio (g)	12,315	13,030	8,899	10,752	1,799	1,996			2,970	2,986	25,983	28,764
40	Oklahoma	2,889	3,334	3,122	3,573	253	664	182	218	1,350	1,862	7,796	9,651
41	Oregon			9,742	12,458	681	1,539			682	889	11,105	14,886
42	Pennsylvania (h)	12,801	13,914	15,769	18,126	3,777	5,323	284	308	9,906	10,463	42,537	48,134
44	Rhode Island	1,305	1,511	1,549	1,999	179	288	376	389	1,001	1,021	4,410	5,208
45	South Carolina	3,418	4,402	5,064	6,828	466	1,129			973	1,295	9,921	13,654
46	South Dakota	1,183	1,385					139	172	536	598	1,858	2,155
47	Tennessee (i)	9,667	12,004	3	6	2,571	4,291	396	398	4,057	4,378	16,694	21,077
48	Texas	31,310	38,660					1,535	1,774	25,600	35,041	58,445	75,475
49	Utah	2,580	3,098	5,114	6,772	438	937			568	710	8,700	11,517
50	Vermont			962	1,268	121	223			765	865	1,848	2,356
51	Virginia (j)	3,992	4,558	15,991	20,410	1,272	1,979			1,644	1,988	22,899	28,935
53	Washington (k)	13,348	14,889							13,981	14,904	27,329	29,793
54	West Virginia	1,474	1,655	2,041	2,503	160	366			904	1,363	4,579	5,887
55	Wisconsin	6,640	6,978	8,681	9,214	1,910	2,960			1,341	1,396	18,572	20,548
56	Wyoming	561	513							576	603	1,137	1,116

Source:

National Association of State Budget Officers, Fall 2022 Fiscal Survey of States.

Notes:

Unless otherwise noted, original estimates reflect the figures used when the fiscal 2022 budget was adopted.

Key:

N/A

—

Indicates data are not available.

Footnotes:

(a)	The Corporate Income Revenue in preliminary actual fiscal 2022 includes the pass-through entity (PTE) elective tax, which began in 2021-22 and allows taxpayers to pay a tax at the entity level and receive an equivalent credit against their personal income tax liability.
(b)	FY 2022 Adopted Estimates: “All Other General Fund Revenue” and the “Total GF Revenue” include Federal Grant revenue of $1,851.9 million. Without accounting for Federal Grant Revenue, “All Other General Fund Revenue” would equate to $2,784.8 million and “Total GF Revenue” would equate to $19,169.4 million. Federal Grants figures do not include any Coronavirus Relief Fund dollars or Coronavirus State and Local Fiscal Recovery Fund dollars. FY 2022 Preliminary Actual: “All Other General Fund Revenue” and the “Total GF Revenue” include Federal Grant revenue of $1,936.0 million. Without accounting for Federal Grant Revenue, “All Other General Fund Revenue” would equate to $1,139.2 million and “Total GF Revenue” would equate to $20,059.8 million. Federal Grants figures do not include any Coronavirus Relief Fund dollars or Coronavirus State and Local Fiscal Recovery Fund dollars.
(c)	Amounts are limited to state revenues from taxes, licensees and fees while total revenues in Tables 3-5 also include state revenues from various reimbursements, reversions, transfers and settlement agreements.
(d)	Estimates used when budget was adopted for FY 2022 uses the Legislative Adjustment Memo which adjusts the April 20, 2022 Consensus Revenue Estimate with all legislation enacted after that date.
(e)	The State of Maryland revenue forecast for FY 2022 includes -$80 million for revenue volatility, and the FY 2023 forecast includes -$100 million for revenue volatility. It would be more accurate to show this figure on its own row, but without that, we have incorporated that amount into “All Other Revenues.”
(f)	Revenue figures here exclude federal COVID-19 aid deposited into the general fund.
(g)	Corporate Income Tax: Ohio doesn’t have a corporate income tax and instead has a commercial activities tax (CAT).
(h)	All Other General Fund Revenue for FY 2022 includes federal ARPA SLFRF revenue replacement funds ($3,841 million).
(i)	Fiscal 2022 represent preliminary actual collections as of July 2022.
(j)	Revenue information excludes transfers.
(k)	Total revenue figures reported here are before transfers and other adjustments.