Trends
See how state and local government finances are changing, from annual shifts in debt and other liabilities to longer-term trends in assets, revenues, and expenses.
Dollar basis
Applies across Trends
U.S. state & local governments: FY2023–FY2024
21,472 governments with records in both years · nominal dollars.
What changed total liabilities
State & local · 12,474 matched governments · nominal dollars · Net change: −$1.0B
Other liabilities = total liabilities minus the components shown. Only governments that report total liabilities, bonds, loans or notes, and compensated absences in both years are included.
Five-year trends, FY2020–FY2024
The 50 state governments and fixed cohorts of the 100 largest counties and municipalities by population and the 100 largest school districts by FY2024 enrollment, followed back to FY2020.