Table 3.21. Local Government Current Receipts and Expenditures

Annual

			Billions of Dollars
	Line	Name	2023	Preceding Period	Year Ago from Period
	line 1	Current receipts	1,937.949	1,847.485	1,847.485
	line 2	Current tax receipts	1,027.070	961.739	961.739
	line 3	Personal current taxes	63.349	57.445	57.445
	line 4	Income taxes	49.445	44.411	44.411
	line 5	Other	13.904	13.033	13.033
	line 6	Taxes on production and imports	951.373	892.891	892.891
	line 7	Sales taxes	137.827	134.665	134.665
	line 8	Excise taxes
	line 9	Property taxes	710.033	659.498	659.498
	line 10	Other	59.735	56.374	56.374
	line 11	Taxes on corporate income	12.348	11.404	11.404
	line 12	Contributions for government social insurance
	line 13	Income receipts on assets	43.187	40.599	40.599
	line 14	Interest receipts	35.705	33.653	33.653
	line 15	Dividends
	line 16	Rents and royalties	7.482	6.946	6.946
	line 17	Current transfer receipts	889.243	854.404	854.404
	line 18	Federal grants-in-aid	30.918	29.064	29.064
	line 19	State government grants-in-aid	763.125	736.778	736.778
	line 20	From business (net)	38.834	34.962	34.962
	line 21	From persons	56.365	53.599	53.599
	line 22	From the rest of the world	0.000	0.000	0.000
	line 23	Current surplus of government enterprises	-21.551	-9.258	-9.258
	line 24	Current expenditures	1,881.361	1,809.649	1,809.649
	line 25	Consumption expenditures	1,643.175	1,593.902	1,593.902
	line 26	Current transfer payments	89.946	84.413	84.413
	line 27	Government social benefit payments to persons	70.996	66.292	66.292
	line 28	Grants-in-aid to state governments	18.950	18.121	18.121
	line 29	Current transfer payments to the rest of the world	0	0	0
	line 30	Interest payments	147.631	130.744	130.744
	line 31	To persons and business	145.149	128.241	128.241
	line 32	To the rest of the world	2.482	2.503	2.503
	line 33	Subsidies	0.610	0.591	0.591
	line 34	Net local government saving	56.588	37.836	37.836
	line 35	Social insurance funds
	line 36	Other	56.588	37.836	37.836
		Addenda:
	line 37	Total receipts	1,990.687	1,923.015	1,923.015
	line 38	Current receipts	1,937.949	1,847.485	1,847.485
	line 39	Capital transfer receipts	52.738	75.530	75.530
	line 40	Total expenditures	2,009.491	1,908.362	1,908.362
	line 41	Current expenditures	1,881.361	1,809.649	1,809.649
	line 42	Gross government investment	365.256	319.229	319.229
	line 43	Capital transfer payments
	line 44	Net purchases of nonproduced assets	10.677	10.276	10.276
	line 45	Less: Consumption of fixed capital	247.803	230.792	230.792
	line 46	Net lending or net borrowing	-18.804	14.653	14.653