Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: December 9, 2010
Release dates | Coded tables | Historical data
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F.105 State and Local Governments, Excluding Employee Retirement Funds1
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description
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State and local governments; current receipts, NIPA basis 1829.7 1923.1 1967.2 2005.8 1964.8 1986.6 2017.2 2054.4 2095.7 2108.1 2145.8 1
State and local governments; personal current taxes 302.5 323.1 335.4 287.3 300.6 264.7 290.0 293.8 291.5 280.6 292.4 2
State and local governments; taxes on production and imports, receivable (SNA) 887.4 932.7 949.1 930.3 929.5 922.3 931.3 938.0 945.3 948.1 951.4 3
State and local governments; taxes on corporate income (accrual basis) 59.2 57.8 48.0 49.4 43.1 44.4 48.7 61.3 82.0 88.1 93.2 4
State and local governments; contributions for government social insurance received 21.8 18.9 19.7 21.6 21.0 21.5 21.8 22.1 22.3 22.4 22.5 5
State and local governments; property income (received) 103.5 114.5 115.2 116.0 115.6 115.3 116.1 116.9 117.5 118.1 118.7 6
State and local governments; other current transfer received 456.7 485.1 512.7 610.2 565.9 627.7 617.5 629.9 645.8 659.8 676.8 7
State and local governments; operating surplus, net -1.3 -9.1 -13.0 -9.0 -10.9 -9.4 -8.2 -7.7 -8.7 -8.9 -9.2 8
State and local governments; current expenditures 1778.6 1910.8 2014.6 2025.9 2006.4 2020.2 2036.4 2040.6 2067.2 2092.4 2095.9 9
State and local governments; consumption expenditures 1282.3 1368.9 1448.2 1424.4 1415.7 1424.0 1425.6 1432.2 1447.4 1446.7 1442.0 10
State and local governments; social contributions paid 402.9 433.7 455.2 492.1 479.6 487.9 501.5 499.4 509.4 532.6 539.8 11
State and local governments; interest paid (SNA) 93.0 101.1 108.2 108.0 109.1 107.0 108.1 107.7 108.7 111.0 112.5 12
State and local governments; subsidies paid 0.4 7.1 3.0 1.4 2.0 1.2 1.2 1.2 1.6 2.1 1.6 13
State and local governments; wage accruals less disbursements 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14
State and local governments; net saving including net capital transfers paid 51.0 12.2 -47.4 -20.1 -41.6 -33.6 -19.2 13.9 28.6 15.8 50.0 15
State and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis) 162.7 178.7 192.6 200.9 201.3 201.1 200.5 200.8 202.3 204.2 206.3 16
State and local governments; net capital transfers paid -57.4 -58.9 -61.9 -67.4 -56.7 -61.8 -75.6 -75.3 -55.4 -63.2 -73.5 17
State and local governments; gross saving less net capital transfers paid 271.2 249.8 207.1 248.2 216.4 229.4 256.9 290.0 286.2 283.2 329.7 18
State and local governments; gross investment 391.6 341.2 226.9 279.2 226.7 280.1 297.4 312.7 304.5 303.2 376.8 19
State and local governments; gross fixed investment 304.4 329.0 350.3 351.0 353.0 355.5 352.8 342.4 330.2 337.4 347.6 20
State and local governments; acquisition of nonproduced nonfinancial assets (net) 11.1 13.8 13.9 13.4 13.4 13.3 13.3 13.5 13.8 14.1 14.4 21
State and local governments, excluding employee retirement funds; net lending (+) or borrowing (-) (financial account) 76.1 -1.7 -137.3 -85.1 -139.6 -88.7 -68.8 -43.2 -39.5 -48.4 14.8 22
State and local governments, excluding employee retirement funds; total financial assets 264.2 226.4 -46.2 64.6 24.0 46.8 103.8 83.8 131.8 -46.4 178.3 23
State and local governments, excluding employee retirement funds; checkable deposits and currency; asset 5.4 -4.8 8.5 19.4 -3.7 109.3 -45.8 17.7 3.3 12.2 9.8 24
State and local governments, excluding employee retirement funds; total time and savings deposits; asset 26.2 36.4 19.1 10.8 64.0 -13.9 19.2 -26.0 36.9 -36.2 9.3 25
State and local governments, excluding employee retirement funds; money market mutual fund shares; asset 6.8 4.4 -2.4 4.5 0.7 5.4 7.5 4.5 7.2 -3.0 9.0 26
State and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset 13.5 8.7 -4.7 8.9 1.3 10.7 14.8 8.9 14.1 -5.9 17.7 27
State and local governments, excluding employee retirement funds; credit market instruments; asset 118.5 54.1 -141.2 -29.5 44.5 -119.6 -19.4 -23.7 19.0 -89.9 68.0 28
State and local governments, excluding employee retirement funds; commercial paper; asset 17.6 -8.7 -66.2 -53.3 -78.3 -86.0 -20.6 -28.3 -21.6 -47.8 -16.8 29
State and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset 35.5 20.7 -52.1 20.4 116.5 -25.4 -10.9 1.3 -7.8 6.7 18.7 30
State and local governments, excluding employee retirement funds; agency- and GSE-backed securities;; asset 38.3 24.6 -13.4 -14.6 3.7 -29.6 -17.8 -14.6 20.0 -36.9 30.4 31
State and local governments, excluding employee retirement funds; municipal securities and loans; asset 0.5 0.3 -0.2 0.3 0.0 0.4 0.5 0.3 0.5 -0.2 0.6 32
State and local governments, excluding employee retirement funds; corporate and foreign bonds; asset 12.1 7.8 -4.2 8.1 1.2 9.6 13.4 8.0 12.7 -5.3 16.0 33
State and local governments, excluding employee retirement funds; total mortgages; asset 14.5 9.3 -5.1 9.6 1.4 11.5 16.0 9.6 15.2 -6.4 19.1 34
State and local governments, excluding employee retirement funds; corporate equities; asset -4.4 7.6 22.9 17.7 -62.1 27.6 40.8 64.5 -48.6 20.4 -36.3 35
State and local governments, excluding employee retirement funds; mutual fund shares; asset -1.3 2.0 14.3 -7.2 14.5 -19.3 -18.3 -5.6 -5.2 -4.6 -9.9 36
State and local governments, excluding employee retirement funds; trade receivables; asset 13.8 8.9 -4.8 9.2 1.3 10.9 15.2 9.1 14.4 -6.1 18.2 37
State and local governments, excluding employee retirement funds; taxes receivable; asset 11.5 0.8 -7.4 -12.5 -12.3 -15.2 -13.2 -9.4 11.4 14.9 18.0 38
State and local governments, excluding employee retirement funds; unidentified miscellaneous assets 74.2 108.4 49.5 43.3 -24.2 50.8 102.8 43.7 79.4 51.8 74.5 39
State and local governments, excluding employee retirement funds; total liabilities 188.1 228.1 91.1 149.7 163.6 135.5 172.5 127.0 171.3 2.0 163.4 40
State and local governments, excluding employee retirement funds; credit market instruments; liability 153.7 191.0 51.5 111.3 125.6 97.1 134.0 88.4 132.7 -36.9 124.1 41
State and local governments, excluding employee retirement funds; municipal securities and loans; liability 153.1 190.4 50.7 110.5 125.0 96.3 133.3 87.2 132.1 -37.3 123.6 42
State and local governments, excluding employee retirement funds; short-term municipal securities and loans; liability -3.1 17.3 12.5 2.8 6.7 -11.7 45.2 -29.0 3.0 -29.6 32.2 43
State and local governments, excluding employee retirement funds; long-term municipal securities and loans; liability 156.2 173.1 38.2 107.6 118.3 108.1 88.1 116.2 129.1 -7.7 91.4 44
State and local governments, excluding employee retirement funds; U.S. government loans; liability 0.6 0.7 0.8 0.8 0.6 0.8 0.7 1.2 0.6 0.4 0.5 45
State and local governments, excluding employee retirement funds; trade payables; liability 34.4 37.0 39.6 38.4 38.1 38.4 38.5 38.5 38.6 38.9 39.4 46
State and local governments, excluding employee retirement funds; sector discrepancy -120.4 -91.4 -19.9 -31.1 -10.4 -50.7 -40.5 -22.7 -18.3 -20.0 -47.1 47

  FOOTNOTES
  1.  Data for retirement funds are shown in table F.119. Return to text


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Current release | Screen reader | PDF (450 KB)

Statistical releases