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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 |
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