What is the single biggest expense of local and state budgets?

Total expenditures for all 50 states in the United States was $1,406 billion in 2004 and increased to $2,404 billion in 2018. General expenditures by function rounded in billions of dollars are listed in the table below. Education is the single-largest expenditure by state governments, followed by public welfare.

What is the largest expense of state and local governments?

Education topped government spending (860.0 billion), followed by public welfare ($456.7 billion), insurance trust expenditures ($359.8 billion), and utilities ($206.2 billion). Public welfare and education were the biggest expenditures for state governments in 2010 at $404.3 billion and $254.1 billion, respectively.

What is the largest category of state spending?

The largest category of state spending is education. State governments have primary responsibility for elementary and secondary education.

Which of the following is typically the most expensive services that state governments provide quizlet?

Public welfare is the most costly of all State expenditures.

What are the 2 largest categories of state government spending?

According to the pie chart the largest areas of the combined state and local spending are found in education and health care. The state spending pie chart shows that the average state spends 36% in health care, 19% in education, and 15% in pensions.

What are the top 3 sources of revenue for state and local governments?

State and local governments collect tax revenues from three primary sources: income, sales, and property taxes.

What are the 7 major categories of state spending?

Most state and local government spending falls into one of seven categories: elementary and secondary education, public welfare (which includes most Medicaid spending), higher education, health and hospitals, highways and roads, criminal justice (which includes spending on police, corrections, and courts), and housing …

What are the top three categories of state spending?

State and local government spending is typically spent in 6 broad categories: elementary and secondary education, higher education, health, welfare, police and safety, and transportation.


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