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A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years.
On a per-capita basis, California receives less federal money than 12 lower population states. According to California's Department of Finance, the state's 2017-2018 enacted state budget includes over $180 billion in state funds. [28] As can be seen below, Table 1 gives an overview of
Pages in category "State budgets of the United States" The following 13 pages are in this category, out of 13 total. ... Kansas state budget (2008–09) M.
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
In economics, deficit is the excess of an organization's expenditure over its revenue, such as in: Government budget deficit; Deficit spending, the amount by which spending exceeds revenue; Primary deficit, the pure deficit derived after deducting the interest payments; Structural and cyclical deficit, parts of the public sector deficit
List of countries by budget; its reference is the CIA's World factbook Archived 2018-07-06 at the Wayback Machine, in alphabetic order. Professor L. Randall Wray:Why The Federal Budget Is Not Like a Household Budget; Budget Deficits and Net Private Saving; Sectoral Balances in State Budget. By Fred Bethune
Each year, the President of the United States submits a budget request to Congress for the following fiscal year as required by the Budget and Accounting Act of 1921. Current law ( 31 U.S.C. § 1105 (a)) requires the president to submit a budget no earlier than the first Monday in January, and no later than the first Monday in February.
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