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Annual Survey of State Government Finances Summary: 2020

Written by:
G20-ASFIN

Introduction

In 2020, state government revenues increased 5.4 percent from the 2019 estimate of $2.7 trillion to $2.8 trillion. The major shares of revenue for state governments were taxes (37.7 percent), intergovernmental (30.2 percent) and insurance trust revenue (16.9 percent).

 

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