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SECTION 8 - NOT SEASONALLY ADJUSTED:
Table 8.4. State and Local Government Current Receipts and Expenditures, Not Seasonally Adjusted, Quarterly

   
    Q1 1947    
 
 
    Q4 2020
Millions of Dollars
Line Name Q4 2020 Q3 2020 Q4 2019
1
Current receipts
739,064 727,274 687,498
2
Current tax receipts
495,306 485,317 470,599
3
Personal current taxes
131,137 126,637 120,237
4
Taxes on production and imports
340,195 336,136 332,603
5
Taxes on corporate income
23,974 22,544 17,758
6
Contributions for government social insurance
5,461 5,062 5,286
7
Income receipts on assets
24,579 24,465 24,412
8
Current transfer receipts
218,637 217,374 188,680
9
Federal grants-in-aid
181,314 180,466 152,384
10
From business (net)
14,517 14,282 14,035
11
From persons
22,773 22,611 22,203
12
From the rest of the world
34 15 58
13
Current surplus of government enterprises
-4,919 -4,944 -1,478
14
Current expenditures
753,789 731,997 751,606
15
Consumption expenditures
477,178 454,166 486,762
16
Current transfer payments
206,951 207,168 190,226
17
Government social benefit payments to persons
206,951 207,168 190,226
18
Current transfer payments to the rest of the world
0 0 0
19
Interest payments
69,505 70,508 74,466
20
To persons and business
68,727 69,773 73,568
21
To the rest of the world
778 735 898
22
Subsidies
156 155 152
23
Net state and local government saving
-14,724 -4,723 -64,108
Addenda:
24
Gross government investment
112,576 129,141 107,652
25
Consumption of fixed capital
76,838 76,222 74,315
   

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