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The Pew Charitable Trusts
Fiscal 50 | State Trends and Analysis
Dear Colleague,

As of fiscal year 2017, states received about a third of their revenue from federal funds. That's notably higher than a few decades ago. Explore the trend, and your state's data, with the latest update to our Fiscal 50 tool.

Plus: We break down why states may need to save more for the next recession.
Here's How Much States Rely on Federal Funds
For the first time since the late 1980s, Montana was the state that received the greatest share of its revenue from federal funds. Take a look at how your state compares.
LATEST TRENDS
FACT OF THE MATTER
32.4%
The share of states' revenue that stems from federal funds
See analysis and highlights
Are States Saving Enough for the Next Recession?
Although overall rainy day fund balances have never been higher, states may not be as prepared for the next recession as they think. One reason? Growing costs—such as Medicaid (pictured above)—have reduced budget flexibility.
STATS AND TRENDS
Get more of our 50-state data, trends, and analysis. Sign up for our biweekly state policy newsletter.
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I hope this information is helpful. Please feel free to contact me if you have any questions.
 
Barb Rosewicz
Project Director, Fiscal 50      
The Pew Charitable Trusts
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