The Pew Charitable Trusts

Fiscal 50: State Trends and Analysis

h"p://www.pewtrusts.org/en/mul2media/data6visualiza2ons/2014/scal650#ind5
Reserves and Balances
Days' worth of General Fund expenditures in reserve
FY 2000
FY 2009
FY 2010
FY 2011
FY 2012
FY 2013
Alabama
13.4
3.5
2.5
3.6
15.5
Alaska
474.2
493.9
1001.2
945.2
720.1
Arizona
-19.9
-0.3
0.1
28.2
58.2
Arkansas
0.0
0.0
0.0
0.0
0.0
California
-23.5
-22.4
-12.3
-6.8
9.6
Colorado
21.9
7.4
23.5
43.3
66.7
Connecticut
9.9
10.2
4.8
-1.0
8.6
Delaware
42.0
63.7
89.0
57.4
63.4
Florida
14.0
31.8
15.7
31.4
53.2
Georgia
36.3
26.0
24.2
11.0
17.9
Hawaii
1.6
3.1
9.3
19.8
55.9
Idaho
15.8
4.5
10.3
17.9
29.1
Illinois
7.6
6.6
5.9
0.5
1.9
Indiana
37.3
23.6
33.0
57.3
49.8
Iowa
31.9
48.8
68.0
78.4
87.6
Kansas
3.0
-1.9
12.1
30.1
42.2
Kentucky
1.9
3.5
12.0
8.2
9.4
Louisiana
36.2
22.5
29.7
5.0
26.4
Maine
6.3
0.0
2.4
10.1
8.1
Maryland
19.9
26.0
44.5
29.9
29.0
Massachusetts
20.8
10.8
21.6
22.4
20.2
Michigan
7.7
9.0
24.7
59.5
69.8
Minnesota
9.7
11.0
30.7
39.5
33.3
Mississippi
25.0
22.1
19.4
11.6
6.6
Missouri
22.6
21.5
29.9
20.9
32.9
Montana
77.2
66.2
71.5
92.9
98.3
Nebraska
109.6
84.2
89.5
98.3
121.9
Nevada
20.6
35.7
34.8
44.6
42.7
New Hampshire
2.3
19.5
7.5
6.8
23.8
New Jersey
7.4
10.3
11.3
5.3
3.6
New Mexico
23.5
57.9
34.5
46.6
40.8
New York
13.0
16.1
9.1
11.5
10.0
North Carolina
4.5
7.6
17.3
15.2
17.2
North Dakota
202.7
146.9
305.8
275.8
307.1
Ohio
9.7
7.4
6.0
16.5
40.8
Oklahoma
34.8
29.6
23.0
42.9
38.8
Oregon
7.0
-10.0
5.3
9.3
30.1
Pennsylvania
-17.2
-3.9
13.8
8.8
7.1
Rhode Island
2.3
16.6
24.6
31.5
31.3
South Carolina
7.7
25.4
50.3
63.2
61.6
South Dakota
33.9
34.5
34.0
55.3
45.0
Tennessee
21.7
26.8
32.1
36.8
36.8
Texas
74.9
85.3
58.0
49.6
104.4
Utah
33.3
15.0
22.7
24.4
53.5
Vermont
19.1
19.1
17.0
16.9
20.4
Virginia
16.9
10.5
19.9
21.8
28.1
Washington
5.2
-11.3
-2.2
-6.0
10.3
West Virginia
87.5
110.0
140.5
128.9
122.0
Wisconsin
2.6
2.0
2.3
9.1
19.3
Wyoming
84.1
83.0
173.7
176.7
189.2

FY 2014 (preliminary)
15.9
663.9
42.6
0.0
14.1
23.3
16.5
39.8
43.7
18.9
43.5
27.0
0.9
50.3
76.6
42.4
5.8
19.3
9.2
21.4
14.2
33.0
24.8
10.9
21.5
70.7
134.1
32.9
8.5
3.3
35.1
13.3
16.6
188.4
32.9
30.0
10.9
1.0
26.8
67.1
37.7
21.2
79.1
41.6
18.7
13.3
17.6
118.7
12.9
189.1

50-state median

16.3

16.3

22.2

23.4

33.1

Published:
Source:

The Pew Charitable Trusts. The analysis is based on data from

the Fiscal Survey of States, which is published each fall and
spring by the National Governors Association and the National
Association of State Budget Officers. Data for fiscal 2000
through 2013 are from State General Fund, Actual tables
http://www.nasbo.org/publications-data/fiscal-survey-of-the-states

Notes:

Data for fiscal 2000 through 2013 are the final figures reported
by state budget officials in fall surveys. The latest fall survey,
conducted between August and October 2014, updates fiscal
2014 results
estimated
to preliminary
Arkansas
hasfrom
reported
zero ending
balances actual
or rainyand
day fund
balances in each survey since fiscal 2000. For fiscal 2015,
Oklahoma did not report data for rainy day fund balances, so its
total
only
balances.
Georgia
didwhich
not report
Data represents
are reported
by ending
each state
for its fiscal
year,
ends
June 30 in all but four states. These states and the end of their
fiscal years are New York (March 31), Texas (Aug. 31), and
See The Fiscal Survey of States reports for additional notes.

24.0

FY 2015 (estimated)
27.0
624.3
22.2
0.0
4.7
28.2
10.9
47.2
35.2
NA
29.4
28.6
0.9
53.3
63.6
21.5
6.5
19.6
7.9
19.7
11.7
19.1
22.3
26.2
18.8
60.1
84.4
28.6
2.4
4.4
39.4
11.9
11.3
109.1
24.2
10.9
29.1
0.1
19.0
52.6
39.1
14.4
79.8
26.2
18.3
18.2
23.1
107.4
-1.5
184.1

Ending balance plus Rainy Day Funds (in millions)

FY 2000
FY 2001
FY 2002
FY 2003
FY 2004
104
75
280
181
451
0
2,995
2,114
2,093
2182
611
386
66
206
360
0
0
0
0
0
9,139
3,037
-2,133
1,607
3489
798
470
138
225
346
864
626
-222
-97
604
338
510
482
464
646
2,156
1,383
1,925
1,641
3423
2,509
2,602
2,554
1,268
869
278
370
184
117
239
218
238
54
16
100
1,517
1,351
482
543
458
1,373
545
269
721
242
620
405
255
-46
329
378
366
12
123
328
454
240
24
168
250
-22
270
284
23
283
445
183
34
29
48
1,518
1,426
857
613
950
1,905
3,011
1,388
752
1893
1,476
1,022
260
174
82
2,125
1,574
1,130
369
1269
274
208
119
64
44
313
260
400
447
710
176
173
81
43
135
458
406
166
62
264
304
262
226
109
293
24
55
-38
17
32
1,284
1,290
292
373
834
192
449
320
245
447
1,167
1,098
1,032
815
1077
38
158
4
401
556
60
102
20
21
77
1,199
1,218
536
234
338
438
630
147
34
285
373
363
-1,068
93
-443
1,708
1,462
143
279
337
163
211
123
127
108
573
134
50
46
80
37
111
116
107
158
217
209
190
242
762
3,851
4,191
3,330
649
1814
223
132
21
43
121
41
47
13
24
45
1,228
716
611
86
614
1,239
1,061
553
405
500
148
161
253
254
345
836
208
54
-282
105
254
70
75
251
257

FY 2005
821
2,283
800
0
9,634
336
1,030
701
4,559
1,228
540
230
773
436
392
479
498
714
81
1,695
2,487
223
2,733
72
532
297
580
317
99
778
688
2,546
792
169
713
471
309
694
130
533
134
737
3,746
252
46
1,668
870
440
4
451

22.3

441.5

378.0

175.0

177.5

333.0

536.5

FY 2006
1,368
2,267
1,697
0
10,816
909
1,560
691
6,059
2,017
786
411
866
739
541
734
800
1,508
94
2,121
3,208
5
1,813
108
942
422
840
535
95
1,779
798
3,257
1,378
296
1,643
630
544
1,026
133
988
137
1,069
7,070
255
52
2,442
703
828
49
456

FY 2007
1,192
3,015
1,055
0
6,915
516
1,651
591
4,671
2,786
555
377
642
1,285
611
935
811
1,771
152
1,717
3,634
261
2,245
507
1,020
550
1,095
406
151
2,586
651
3,045
2,008
496
1,228
768
1,437
1,244
83
1,081
133
1,550
9,020
555
55
1,516
1,074
947
66
300

FY 2008
467
5,601
220
0
2,376
327
1,481
526
1,666
2,217
404
381
417
1,413
640
527
301
1,642
131
1,172
2,226
460
1,920
401
1,115
434
1,130
389
106
1,303
735
2,754
1,386
653
2,694
887
627
1,325
62
324
107
1,098
11,389
414
58
1,328
1,093
1,131
131
306

FY 2009
284
7,447
-478
0
-5,855
444
456
379
905
1,738
23
128
556
1,329
519
50
47
930
52
779
1,858
179
447
341
523
393
1,000
213
9
614
389
1,948
242
687
735
623
113
-1,275
19
121
107
634
8,703
440
60
736
210
954
90
403

FY 2010
72
8,935
-6
0
-5,342
137
481
537
1,848
1,138
41
31
453
831
709
-27
80
536
0
956
903
189
440
262
445
311
764
314
75
804
850
2,302
387
638
510
415
-174
-293
130
356
107
693
9,226
182
57
427
-466
1,108
71
398

FY 2011
51
14,950
3
0
-3,079
446
237
798
1,025
1,131
126
69
469
1,181
995
188
290
633
19
1,614
1,901
556
1,289
241
626
342
815
324
27
870
501
1,376
878
1,383
431
342
88
1,073
199
712
107
879
6,148
293
54
841
-91
1,452
86
752

FY 2012
FY 2013
74
304
18,160
15,354
650
1,350
0
0
-1,615
2,527
855
1,446
-51
448
565
636
2,003
3,601
521
900
299
868
124
215
40
154
2,155
1,943
1,289
1,539
503
709
212
245
113
605
87
68
1,223
1,202
1,990
1,874
1,344
1,693
1,795
1,712
153
86
455
724
452
538
928
1,199
375
385
23
82
444
310
713
651
1,787
1,610
813
975
1,680
1,980
1,221
3,121
685
668
176
556
659
541
268
276
956
1,046
183
159
1,125
1,156
6,055
11,676
323
751
58
74
978
1,320
-250
438
1,462
1,427
342
759
765
927

814.0

983.5

646.5

398.0

392.5

485.0

543.0

755.0

FY 2014 (preliminary)
FY 2015 (estimated)
328
566
13,319
9,987
1,029
563
0
0
3,903
1,404
557
720
767
520
414
500
3,248
2,728
988 NA
748
519
206
230
74
74
2,005
2,170
1,357
1,216
697
371
157
180
445
471
81
69
912
866
1,409
1,232
833
512
1,338
1,216
151
395
492
451
424
362
1,393
950
296
262
29
9
300
388
579
670
2,235
2,055
920
654
1,671
1,038
2,755
2,110
535
192
236
637
81
10
245
179
1,163
971
149
149
729
496
10,332
10,634
617
408
71
72
693
944
777
1,054
1,368
1,257
517
-64
926
890

Reserves as a percent of General Fund expenditures

FY 2000
FY 2001
FY 2002
FY 2003
2.0%
1.4%
5.3%
3.3%
0.0%
131.8%
88.4%
83.9%
10.2%
6.1%
1.0%
3.4%
0.0%
0.0%
0.0%
0.0%
13.7%
3.9%
-2.8%
2.1%
13.3%
7.0%
2.1%
3.8%
7.9%
5.2%
-1.9%
-0.8%
15.0%
21.0%
19.6%
18.9%
11.6%
6.9%
10.0%
8.0%
18.2%
16.9%
18.2%
7.9%
8.7%
11.0%
5.0%
3.1%
13.0%
13.0%
2.7%
0.8%
6.6%
5.5%
2.1%
2.5%
15.3%
5.9%
2.8%
7.0%
13.0%
8.3%
5.6%
-1.0%
8.7%
8.3%
0.3%
3.0%
6.9%
3.4%
0.3%
2.3%
-0.4%
4.3%
4.4%
0.4%
19.2%
6.9%
1.3%
1.1%
16.8%
13.9%
7.8%
5.9%
9.1%
13.6%
6.1%
3.4%
15.4%
10.5%
2.8%
2.0%
18.5%
12.4%
8.9%
2.7%
7.8%
5.8%
3.3%
1.9%
4.3%
3.4%
5.2%
7.0%
15.9%
13.6%
6.0%
3.4%
19.5%
16.4%
6.4%
2.4%
18.9%
14.3%
12.0%
5.4%
2.3%
5.2%
-3.2%
1.3%
6.6%
6.2%
1.3%
1.6%
5.7%
11.7%
7.9%
6.0%
3.1%
2.8%
2.5%
2.2%
0.3%
1.2%
0.0%
2.9%
7.8%
12.4%
2.3%
2.4%
6.2%
5.8%
2.5%
1.0%
9.6%
13.1%
2.9%
0.7%
7.7%
6.9%
-18.5%
2.4%
8.9%
7.4%
0.7%
1.4%
7.3%
8.5%
4.6%
4.7%
11.1%
2.4%
1.0%
0.9%
4.8%
13.8%
13.6%
12.1%
3.3%
3.0%
2.5%
3.1%
14.0%
14.5%
11.1%
2.1%
6.6%
3.5%
0.6%
1.2%
4.8%
5.3%
1.5%
2.7%
10.9%
5.7%
5.1%
0.7%
12.1%
9.8%
4.9%
3.6%
5.6%
5.9%
9.0%
8.7%
7.4%
1.9%
0.5%
-2.6%
49.0%
9.7%
10.4%
31.9%

695.0

520.0

8.7%

6.9%

2.9%

2.6%

Fund expenditures
FY 2004
8.2%
94.1%
5.5%
0.0%
4.6%
6.1%
4.8%
25.3%
16.0%
5.5%
6.2%
5.0%
2.0%
2.2%
7.3%
7.6%
3.4%
4.2%
1.8%
9.3%
8.3%
0.9%
9.3%
1.2%
10.7%
10.5%
10.2%
12.3%
2.5%
3.4%
10.1%
2.6%
3.8%
8.6%
1.4%
5.9%
-8.1%
1.5%
4.0%
1.6%
17.8%
9.3%
6.2%
3.4%
4.9%
5.0%
4.4%
11.4%
1.0%
56.7%

FY 2005
13.6%
74.7%
10.6%
0.0%
12.1%
5.5%
7.5%
24.8%
18.7%
7.5%
12.9%
10.9%
3.5%
3.7%
8.5%
10.2%
6.5%
10.0%
2.9%
15.0%
10.5%
2.6%
18.8%
2.0%
7.5%
21.8%
21.3%
10.2%
7.5%
2.8%
14.6%
5.8%
5.0%
18.7%
2.9%
9.5%
6.9%
3.0%
4.4%
10.5%
13.5%
8.1%
12.6%
6.3%
4.4%
12.0%
7.1%
12.9%
0.0%
34.7%

FY 2006
19.6%
69.8%
19.4%
0.0%
11.8%
14.1%
10.7%
21.7%
23.3%
11.3%
16.8%
18.5%
3.6%
6.2%
10.8%
14.3%
9.5%
19.5%
3.3%
17.2%
12.5%
0.1%
11.7%
2.5%
13.2%
26.9%
28.8%
18.2%
7.1%
6.3%
14.7%
7.0%
8.1%
30.6%
6.6%
11.4%
9.0%
4.2%
4.3%
17.5%
13.0%
11.8%
22.1%
5.6%
4.7%
16.0%
5.2%
23.2%
0.4%
36.7%

FY 2007
15.0%
54.8%
10.3%
0.0%
6.8%
7.3%
10.7%
17.4%
16.6%
14.5%
10.3%
14.6%
2.5%
10.5%
11.3%
16.7%
9.2%
18.7%
5.0%
12.1%
12.6%
2.9%
14.1%
11.6%
13.0%
32.4%
35.0%
11.3%
11.1%
8.5%
10.9%
5.9%
10.8%
49.0%
4.9%
12.3%
25.5%
4.7%
2.6%
16.5%
12.2%
15.9%
25.0%
11.1%
4.7%
8.5%
7.6%
25.6%
0.5%
16.5%

FY 2008
5.4%
102.5%
2.2%
0.0%
2.3%
4.4%
9.1%
15.4%
6.0%
11.4%
7.5%
13.6%
1.5%
11.1%
10.9%
8.6%
3.2%
17.0%
4.2%
8.1%
6.7%
4.7%
11.3%
7.8%
13.8%
21.0%
34.8%
11.3%
6.9%
3.9%
12.2%
5.2%
6.8%
54.2%
10.2%
13.8%
9.0%
4.9%
1.8%
4.5%
9.1%
10.0%
28.7%
7.2%
4.8%
7.7%
7.5%
30.1%
1.0%
16.9%

FY 2009
3.7%
129.9%
-5.5%
0.0%
-6.4%
6.0%
2.7%
11.5%
3.8%
9.9%
0.4%
4.3%
2.1%
10.2%
8.7%
0.8%
0.5%
9.9%
1.7%
5.4%
5.7%
2.1%
2.7%
6.8%
6.2%
21.2%
30.0%
5.6%
0.6%
2.0%
6.4%
3.6%
1.2%
55.5%
2.7%
9.5%
1.9%
-4.7%
0.6%
2.1%
9.3%
5.9%
20.5%
9.1%
5.2%
4.6%
1.4%
24.0%
0.7%
23.0%

FY 2010
1.0%
135.3%
-0.1%
0.0%
-6.1%
2.0%
2.8%
17.5%
8.7%
7.1%
0.8%
1.2%
1.8%
6.5%
13.4%
-0.5%
0.9%
6.2%
0.0%
7.1%
3.0%
2.5%
3.0%
6.1%
5.9%
18.1%
23.1%
9.8%
5.3%
2.8%
15.9%
4.4%
2.1%
40.3%
2.0%
8.1%
-2.7%
-1.1%
4.5%
7.0%
9.5%
7.3%
23.4%
4.1%
5.2%
2.9%
-3.1%
30.1%
0.6%
22.7%

FY 2011
0.7%
274.3%
0.0%
0.0%
-3.4%
6.4%
1.3%
24.4%
4.3%
6.6%
2.5%
2.8%
1.6%
9.0%
18.6%
3.3%
3.3%
8.1%
0.7%
12.2%
5.9%
6.8%
8.4%
5.3%
8.2%
19.6%
24.5%
9.5%
2.1%
3.1%
9.4%
2.5%
4.7%
83.8%
1.6%
6.3%
1.5%
3.8%
6.7%
13.8%
9.3%
8.8%
15.9%
6.2%
4.6%
5.4%
-0.6%
38.5%
0.6%
47.6%

FY 2012
1.0%
258.9%
7.7%
0.0%
-1.9%
11.9%
-0.3%
15.7%
8.6%
3.0%
5.4%
4.9%
0.1%
15.7%
21.5%
8.2%
2.2%
1.4%
2.8%
8.2%
6.1%
16.3%
10.8%
3.2%
5.7%
25.5%
26.9%
12.2%
1.9%
1.5%
12.8%
3.2%
4.2%
75.6%
4.5%
11.8%
2.5%
2.4%
8.6%
17.3%
15.2%
10.1%
13.6%
6.7%
4.6%
6.0%
-1.6%
35.3%
2.5%
48.4%

5.2%

9.0%

11.8%

11.3%

8.0%

4.5%

4.5%

6.1%

6.4%

FY 2013
4.2%
197.3%
16.0%
0.0%
2.6%
18.3%
2.4%
17.4%
14.6%
4.9%
15.3%
8.0%
0.5%
13.6%
24.0%
11.6%
2.6%
7.2%
2.2%
8.0%
5.5%
19.1%
9.1%
1.8%
9.0%
26.9%
33.4%
11.7%
6.5%
1.0%
11.2%
2.7%
4.7%
84.1%
11.2%
10.6%
8.3%
2.0%
8.6%
16.9%
12.3%
10.1%
28.6%
14.6%
5.6%
7.7%
2.8%
33.4%
5.3%
51.8%

FY 2014 (preliminary)
FY 2015 (estimated)
4.4%
7.4%
181.9%
171.0%
11.7%
6.1%
0.0%
0.0%
3.9%
1.3%
6.4%
7.7%
4.5%
3.0%
10.9%
12.9%
12.0%
9.6%
5.2% NA
11.9%
8.1%
7.4%
7.8%
0.2%
0.3%
13.8%
14.6%
21.0%
17.4%
11.6%
5.9%
1.6%
1.8%
5.3%
5.4%
2.5%
2.2%
5.9%
5.4%
3.9%
3.2%
9.0%
5.2%
6.8%
6.1%
3.0%
7.2%
5.9%
5.2%
19.4%
16.5%
36.7%
23.1%
9.0%
7.8%
2.3%
0.7%
0.9%
1.2%
9.6%
10.8%
3.6%
3.3%
4.5%
3.1%
51.6%
29.9%
9.0%
6.6%
8.2%
3.0%
3.0%
8.0%
0.3%
0.0%
7.3%
5.2%
18.4%
14.4%
10.3%
10.7%
5.8%
3.9%
21.7%
21.9%
11.4%
7.2%
5.1%
5.0%
3.7%
5.0%
4.8%
6.3%
32.5%
29.4%
3.5%
-0.4%
51.8%
50.4%

9.1%

6.6%

6.1%