In the fiscal year of 2021, the expenditure of the California state and local government totaled to about 743 billion U.S. dollars. This is compared to state and local government revenues, which amounted to 631 billion U.S. dollars. In 2020, government expenditure outpaced revenues for the first time since 2016.
State and local government revenue and expenditure in California in the United States from fiscal year 2004 to 2021
(in billion U.S. dollars)
The fiscal year is the accounting period for the federal government which begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends.
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US Census Bureau. (June 29, 2023). State and local government revenue and expenditure in California in the United States from fiscal year 2004 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/316087/california-state-and-local-government-revenue-and-expenditure/
US Census Bureau. "State and local government revenue and expenditure in California in the United States from fiscal year 2004 to 2021 (in billion U.S. dollars)." Chart. June 29, 2023. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/316087/california-state-and-local-government-revenue-and-expenditure/
US Census Bureau. (2023). State and local government revenue and expenditure in California in the United States from fiscal year 2004 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/316087/california-state-and-local-government-revenue-and-expenditure/
US Census Bureau. "State and Local Government Revenue and Expenditure in California in The United States from Fiscal Year 2004 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 29 Jun 2023, https://www.statista.com/statistics/316087/california-state-and-local-government-revenue-and-expenditure/
US Census Bureau, State and local government revenue and expenditure in California in the United States from fiscal year 2004 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/316087/california-state-and-local-government-revenue-and-expenditure/ (last visited November 12, 2024)
State and local government revenue and expenditure in California in the United States from fiscal year 2004 to 2021 (in billion U.S. dollars) [Graph], US Census Bureau, June 29, 2023. [Online]. Available: https://www.statista.com/statistics/316087/california-state-and-local-government-revenue-and-expenditure/