Which States Rely the Most on Federal Aid?

Taxes are perhaps the most apparent source of state revenue, as they constitute the vast majority of each state’s general fund budget. But state governments also receive a notable amount of assistance from the federal government. In fiscal year (FY) 2016, 32.6 percent of state revenues derived from federal grants-in-aid. Federal aid is allocated to states for a variety of purposes, primarily to supplement state funding for programs or projects deemed to be of national interest. Some federal aid is awarded in the form of competitive grants, while other federal funding is allocated according to formulas established by law. Formula grants usually incorporate factors such as population size, poverty statistics, and state matching dollars for distributing federal aid among states. Competitive grants are awarded on a discretionary basis and are more likely to fluctuate from year to year. Get Updates About Tax Policy in Your State Select…

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