Section 8 - Not Seasonally Adjusted

Table 8.4. State and Local Government Current Receipts and Expenditures, Not Seasonally Adjusted, Quarterly

		Millions of Dollars
Line	Name	Q4 2025	Q3 2025	Q4 2024
line 1	Current receipts	1,004,198	989,974	962,620
line 2	Current tax receipts	681,160	665,201	645,611
line 3	Personal current taxes	164,395	159,683	152,541
line 4	Taxes on production and imports	470,190	463,853	449,514
line 5	Taxes on corporate income	46,575	41,665	43,556
line 6	Contributions for government social insurance	7,562	7,381	7,072
line 7	Income receipts on assets	33,455	32,769	31,139
line 8	Current transfer receipts	295,758	297,670	290,481
line 9	Federal grants-in-aid	246,267	248,201	243,451
line 10	From business (net)	18,386	18,602	17,474
line 11	From persons	31,029	30,815	29,457
line 12	From the rest of the world	75	52	99
line 13	Current surplus of government enterprises	-13,737	-13,047	-11,682
line 14	Current expenditures	1,071,673	1,033,096	1,012,831
line 15	Consumption expenditures	691,101	653,213	652,891
line 16	Current transfer payments	314,013	312,402	291,081
line 17	Government social benefit payments to persons	314,013	312,402	291,081
line 18	Current transfer payments to the rest of the world	0	0	0
line 19	Interest payments	66,376	67,299	68,680
line 20	To persons and business	65,497	66,410	67,721
line 21	To the rest of the world	880	889	959
line 22	Subsidies	182	182	179
line 23	Net state and local government saving	-67,475	-43,122	-50,210
	Addenda:
line 24	Gross government investment	158,544	179,379	149,085
line 25	Consumption of fixed capital	110,445	108,639	104,334