Table 3.3. State and Local Government Current Receipts and Expenditures

Quarterly

			Billions of Dollars
	Line	Name	Q2 2025	Q1 2025	Q2 2024
	line 1	Current receipts	3,923.561	3,871.778	3,743.070
	line 2	Current tax receipts	2,644.477	2,615.887	2,507.609
	line 3	Personal current taxes	629.035	615.731	573.810
	line 4	Income taxes	579.130	566.492	525.303
	line 5	Other	49.906	49.239	48.507
	line 6	Taxes on production and imports	1,832.485	1,815.772	1,763.244
	line 7	Sales taxes	619.453	613.536	602.242
	line 8	Excise taxes
	line 9	Property taxes	783.428	776.444	747.267
	line 10	Other	144.793	145.294	144.126
	line 11	Taxes on corporate income	182.957	184.384	170.555
	line 12	Contributions for government social insurance	28.983	28.609	26.550
	line 13	Income receipts on assets	128.196	127.162	123.004
	line 14	Interest receipts	103.361	101.529	97.885
	line 15	Dividends	6.980	7.747	6.832
	line 16	Rents and royalties	17.855	17.886	18.288
	line 17	Current transfer receipts	1,172.680	1,147.456	1,131.034
	line 18	Federal grants-in-aid	973.774	955.683	947.228
	line 19	From business (net)	77.422	71.906	68.486
	line 20	From persons	121.196	119.568	114.931
	line 21	From the rest of the world	0	0	0
	line 22	Current surplus of government enterprises	-50.774	-47.336	-45.127
	line 23	Current expenditures	4,112.134	4,056.344	3,951.160
	line 24	Consumption expenditures	2,644.335	2,622.996	2,537.083
	line 25	Current transfer payments	1,194.968	1,158.546	1,133.901
	line 26	Government social benefit payments to persons	1,194.968	1,158.546	1,133.901
	line 27	Current transfer payments to the rest of the world	0	0	0
	line 28	Interest payments	272.103	274.079	279.464
	line 29	To persons and business	268.577	270.522	275.411
	line 30	To the rest of the world	3.525	3.557	4.052
	line 31	Subsidies	0.728	0.723	0.713
	line 32	Net state and local government saving	-188.573	-184.565	-208.090
	line 33	Social insurance funds	2.867	3.134	2.927
	line 34	Other	-191.440	-187.700	-211.018
		Addenda:
	line 35	Total receipts	4,036.930	3,993.110	3,848.754
	line 36	Current receipts	3,923.561	3,871.778	3,743.070
	line 37	Capital transfer receipts	113.369	121.332	105.684
	line 38	Total expenditures	4,342.738	4,278.552	4,154.666
	line 39	Current expenditures	4,112.134	4,056.344	3,951.160
	line 40	Gross government investment	636.217	622.793	590.537
	line 41	Capital transfer payments	0.000	0.000	0.000
	line 42	Net purchases of nonproduced assets	22.277	21.850	20.745
	line 43	Less: Consumption of fixed capital	427.889	422.434	407.776
	line 44	Net lending or net borrowing (-)	-305.809	-285.442	-305.912