Coronavirus (COVID-19): Revised State Revenue Projections

1/18/2021

States have revised their revenue forecasts as a result of the budgetary and economic consequences of the coronavirus (COVID-19) pandemic. NCSL is tracking revised revenue reports. 

Recently Revised State Revenue Forecasts
AL AK AZ AR CA CO CT DC DE FL GA HI IL IN IA KS KY LA ME MA MD MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VA WA WV WI WY VT ID PR AS GU MP VI

Fiscal Year

FY 20 Q4

FY 21 Q1

FY 21 Q2

FY 21 Q3

No Data

 

State revenue assumptions vary by state. Please use caution in making comparisons. States in gray or not listed may mean they have not revised their forecast or we are not aware of a revised forecast. For more details see reports in the chart below.

Last update: Jan 18, 2021.

 

The above map represents revised state revenue reports by Fiscal Year Quarter. The chart below provides for more details on revised state revenue reports as a result of the coronavirus pandemic. 

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COVID-19 Revised State Revenue Reports
State Date Source
Alabama    
Alaska April 22 Legislative Finance Division
Arizona October 8 Joint Legislative Budget Committee
Arkansas July 2 Department of Finance and Administration
California May 9 Legislative Analyst Office 
Colorado  December 18 Legislative Council 
Connecticut  January 15 Office of Policy and Management and Office of Fiscal Analysis 
Delaware December 18 Economic and Financial Advisory Council
D.C. April 24 Office of the Chief Financial Officer 
Florida  December 21 Revenue Estimating Conference
Georgia    
Hawaii  January 7 Council on Reserves 
Idaho  September 1 Division of Financial Management
Illinois  May 20  Commission on Government Forecasting and Accountability 
Indiana  December 16 State Budget Agency 
Iowa December 11 Revenue Estimating Conference
Kansas November 6 Office of Consensus Revenue Estimates 
Kentucky  August 27 Office of the State Budget Director 
Louisiana  May 11 Revenue Estimating Conference 
Maine August 1 Revenue Forecasting Committee 
Maryland  September 29 Board of Revenue Estimates
Massachusetts     
Michigan  August 24 Consensus Revenue Agreement 
Minnesota December 3 Management and Budget 
Mississippi     
Missouri  December 10 Consensus Revenue Estimate
Montana August 20 Legislative Fiscal Division
Nebraska  October 29 Economic Forecasting Advisory Board
Nevada  December 3 Economic Forum
New Hampshire  June 1 House Ways and Mean Committee
New Jersey May 13 Department of Treasury 
New Mexico December 8 Consensus Revenue Estimating Group 
New York April 25 Department of Budget 
North Carolina  May 22 The Fiscal Research Division and the Office of State Budget and Management 
North Dakota January 12 Legislative Council
Ohio June 10 Office of Budget and Management
Oklahoma  April 30 Board of Equalization 
Oregon  November 18 Office of Economic Analysis 
Pennsylvania May 26 Independent Fiscal Office 
Puerto Rico August 5 Financial Oversight and Management Board  
Rhode Island May 18 Revenue Estimating Conference 
South Carolina November 10 Board of Economic Advisors 
South Dakota     
Tennessee June 3 Department of Finance and Administration
Texas January 11 Comptroller of Public Accounts
Utah  August 28 Office of the Legislative Fiscal Analyst 
Vermont August 12 Joint Fiscal Office 
Virginia December 16 Secretary of Finance
Washington September 23 Economic and Revenue Forecast Council 
West Virginia     
Wisconsin July 9 Legislative Fiscal Bureau 
Wyoming  January 12 Consensus Revenue Estimating Group
     

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