Table 3.3. State and Local Government Current Receipts and Expenditures

Quarterly

			Billions of Dollars
	Line	Name	Q3 2025	Q2 2025	Q3 2024
	line 1	Current receipts	3,969.181	3,923.561	3,818.843
	line 2	Current tax receipts	2,660.803	2,644.477	2,542.587
	line 3	Personal current taxes	638.731	629.035	595.697
	line 4	Income taxes	588.683	579.130	546.359
	line 5	Other	50.047	49.906	49.338
	line 6	Taxes on production and imports	1,855.411	1,832.485	1,776.756
	line 7	Sales taxes	626.060	619.453	601.469
	line 8	Excise taxes
	line 9	Property taxes	792.556	783.428	759.290
	line 10	Other	144.799	144.793	144.475
	line 11	Taxes on corporate income	166.661	182.957	170.134
	line 12	Contributions for government social insurance	29.526	28.983	27.631
	line 13	Income receipts on assets	130.942	128.196	123.165
	line 14	Interest receipts	106.320	103.361	98.327
	line 15	Dividends	6.719	6.980	6.708
	line 16	Rents and royalties	17.902	17.855	18.131
	line 17	Current transfer receipts	1,200.100	1,172.680	1,170.894
	line 18	Federal grants-in-aid	1,002.221	973.774	979.719
	line 19	From business (net)	74.409	77.422	74.673
	line 20	From persons	123.262	121.196	116.283
	line 21	From the rest of the world	0	0	0
	line 22	Current surplus of government enterprises	-52.189	-50.774	-45.433
	line 23	Current expenditures	4,211.370	4,112.134	3,999.282
	line 24	Consumption expenditures	2,691.798	2,644.335	2,565.034
	line 25	Current transfer payments	1,249.624	1,194.968	1,156.892
	line 26	Government social benefit payments to persons	1,249.624	1,194.968	1,156.892
	line 27	Current transfer payments to the rest of the world	0	0	0
	line 28	Interest payments	269.220	272.103	276.641
	line 29	To persons and business	265.665	268.577	272.928
	line 30	To the rest of the world	3.556	3.525	3.713
	line 31	Subsidies	0.728	0.728	0.716
	line 32	Net state and local government saving	-242.189	-188.573	-180.439
	line 33	Social insurance funds	2.907	2.867	3.521
	line 34	Other	-245.096	-191.440	-183.960
		Addenda:
	line 35	Total receipts	4,084.912	4,036.930	3,931.851
	line 36	Current receipts	3,969.181	3,923.561	3,818.843
	line 37	Capital transfer receipts	115.731	113.369	113.008
	line 38	Total expenditures	4,442.431	4,342.738	4,215.457
	line 39	Current expenditures	4,211.370	4,112.134	3,999.282
	line 40	Gross government investment	642.877	636.217	604.035
	line 41	Capital transfer payments	0.000	0.000	4.000
	line 42	Net purchases of nonproduced assets	22.742	22.277	21.094
	line 43	Less: Consumption of fixed capital	434.557	427.889	412.954
	line 44	Net lending or net borrowing (-)	-357.520	-305.809	-283.606