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State Budget Deficits

(FY2009 ) (FY2010 ) (FY2011 ) (FY2012 ) (Total ) Pop (6)

Total 110,090 190,607 124,022 118,121 542,840 Avg 52,095 6.69% 3,494 1,171Illinois 4,300 14,300 13,500 17,000 49,100 12910 4592 56,230 5.62% 3,160 14,511 Connecticut 2,700 4,700 5,100 3,800 16,300 3518 1302 68,294 6.54% 4,466 5,815 New Jersey 6,100 11,000 10,700 10,500 38,300 8708 3065 70,347 6.61% 4,650 14,252 Massachusetts 5,200 5,600 2,700 2,000 15,500 6594 2444 65,304 6.30% 4,114 10,055 California 37,100 45,500 17,900 21,300 121,800 36962 11503 61,017 7.39% 4,509 51,869 New York 7,400 21,000 8,500 8,200 45,100 19541 7057 55,980 6.76% 3,784 26,705 Oregon 442 4,200 577 2,500 7,719 3826 1334 50,165 5.76% 2,890 3,855 Arizona 3,700 5,100 3,100 1,400 13,300 6596 1901 51,009 5.92% 3,020 5,741 Rhode Island 872 990 395 330 2,587 1053 408 54,562 6.40% 3,492 1,425 Nevada 1,600 1,500 1,800 1,300 6,200 2643 751 56,432 6.12% 3,454 2,594 Hawaii 417 1,200 594 475 2,686 1295 403 66,701 9.85% 6,570 2,648 Washington 1,300 4,800 3,500 1,500 11,100 6664 2271 58,081 6.48% 3,764 8,547 Mississippi 453 917 716 1,200 3,286 2952 1046 37,818 7.40% 2,799 2,927 Wisconsin 1,700 3,200 3,400 1,200 9,500 5655 2085 52,103 6.93% 3,611 7,528 Louisiana 341 2,500 1,000 1,700 5,541 4492 1656 43,635 6.85% 2,989 4,950 Alaska 360 1,300 1,040 832 3,532 698 222 67,332 11.67% 7,858 1,744 Georgia 2,400 4,500 4,200 1,700 12,800 9829 3006 50,834 5.62% 2,857 8,588 Florida 5,700 6,000 4,700 2,500 18,900 18538 6338 47,802 5.03% 2,404 15,239 Kentucky 722 1,200 780 780 3,482 4314 1591 41,489 7.34% 3,045 4,845 Delaware 443 557 377 302 1,679 885 299 58,380 8.25% 4,816 1,440 Maine 265 849 940 752 2,806 1318 518 46,419 7.70% 3,574 1,851 South Carolina 1,100 1,200 1,300 1,300 4,900 4561 1534 44,695 6.19% 2,767 4,244 North Carolina 3,200 5,000 5,800 3,000 17,000 9381 3132 46,574 7.26% 3,381 10,590 New Mexico 454 995 333 404 2,186 2010 678 43,719 8.26% 3,611 2,448 Pennsylvania 3,200 5,900 4,100 2,400 15,600 12605 4777 50,702 6.17% 3,128 14,944 Texas - 3,500 4,600 10,000 18,100 24782 7393 50,049 4.38% 2,192 16,207 Maryland 1,500 2,800 2,000 1,500 7,800 5699 1981 70,482 5.59% 3,940 7,805 Alabama 1,100 1,600 586 469 3,755 4709 1737 42,586 5.70% 2,427 4,216 New Hampshire 250 430 365 292 1,337 1325 475 63,235 3.87% 2,447 1,162 District of Columbia (11) 679 817 104 83 1,683 600 248 58,553 6.43% 3,766 934 Ohio 2,600 3,600 3,000 3,000 12,200 11543 4446 48,011 6.09% 2,924 13,000 Minnesota 1,600 3,400 4,000 3,800 12,800 5266 1895 57,318 8.02% 4,597 8,711 Kansas 186 1,800 510 217 2,713 2819 1038 50,174 6.54% 3,281 3,406

HH Pop000s (2)

Med HHInc (3)

Inc TaxRate (4)

Avg IncTax / HH

Inc TaxREV / Yr

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1 AAA+ 4.00%

2 AAA 4.25%

3 AAA- 4.50%

4 AA+ 4.75%

5 AA 5.00%

6 AA- 5.25%7 A+ 5.50%

8 A 5.75%

9 A- 6.00%

10 BBB+ 6.25%

11 BBB 6.50%

12 BBB- 6.75%