Selected SLC Research


Policy Analysis | February 1, 2010

What are the revenue estimates for fiscal years 2010 and 2011 in the SLC states?

Background:

As states warily recover from the Great Recession, there has been a great deal of interest in state revenue estimates. In recent years, state revenues experienced their steepest drop in decades, and forecasts for the next two fiscal years indicate that states still will face serious challenges in fully funding the entire range of governmental programs and services. The following table provides further information regarding the revenue estimates for FY 2010 and 2011 for the member states of the Southern Legislative Conference.

FY 2010 and 2011 Revenue Estimates in the SLC States

(Click headers to sort by state or percent change)

State FY 2010 Revenue Estimate FY 2011 Revenue Estimate Percent Change   Source
Alabama -
Education Trust Fund
$5,324,000,000 $5,290,000,000 -0.64%   Legislative Fiscal Officer December 14, 2009, Presentation to the Legislature on Alabama's financial condition
Alabama - General Fund $1,449,223,181 $1,352,490,000 -6.67%   Legislative Fiscal Officer December 14, 2009, Presentation to the Legislature on Alabama's financial condition
Arkansas $4,587,800,000 $4,498,300,000 -1.95%   Department of Finance and Administration
Florida $20,693,200,000 $22,097,000,000 6.78%   State of Florida Three Year Revenue and Expenditure Outlook Fiscal Year 2010-11 through 2012-13
Georgia $17,417,279,403 $18,156,435,820 4.24%   Governor's Budget Recommendations
Kentucky - General Fund $8,196,000,000 $8,490,800,000 3.60%   2010-2012 Official CFG Estimates
Kentucky - Road Fund $1,199,100,000 $1,270,600,000 5.96%   2010-2012 Official CFG Estimates
Louisiana $7,863,000,000 $8,021,000,000 2.01%   Revenue Estimating Conference
Mississippi $4,558,704,565 $4,562,900,000 0.09%   Legislative Budget Recommendation - Actual
Missouri $6,970,900,000 $7,233,200,000 3.76%   2011 Budget Information
North Carolina $18,862,000,000 $19,904,000,000 5.52%   OSBM's Presentation of the Governor's Budget to the Legislature
Oklahoma $4,501,167,876 $4,533,572,470 0.72%   State Board of Equalization: Proposed FY-2011 Revenue Certification
South Carolina $6,010,700,000 $5,861,000,000 -2.49%   Three Year General Fund Financial Outlook
Tennessee $10,022,359,000 $10,215,600,000 1.93%   Funding Board Summary of Revenue Projections Presented 12/14/2009
Texas $33,443,764,000 $35,083,208,000 4.90%   Table A12 ‐ State Revenue, By Source and Fiscal Year, General Revenue-Related
Virginia $13,921,800,000 $14,451,400,000 3.80%   Revenue Forecast - 2010-2012 Executive Budget Document
West Virginia -
General Revenue Fund
$3,788,000,000 $3,741,680,000 -1.22%   Governor's FY 2011 Executive Budget--Volume I Budget Report
West Virginia -
State Road Fund
$1,370,721,000 $1,192,306,000 -13.02%   Governor's FY 2011 Executive Budget--Volume I Budget Report