Sep 23, 2024
According to an analysis of the latest U.S. Census data, Oklahoma’s state government received 43% of its 2022 revenue from federal grants. The state ranked 13th overall in the highest percentage of state revenue coming from the federal government.Federal grants totaling $14.5 billion funded a range of services administered by Oklahoma state government, such as health care, education, and infrastructure. That was Oklahoma’s largest revenue source in 2022, with state taxes providing the second largest share at 39%.The proportion of federal funds in state revenues has increased since the early 1980s, with the recent spike owing to COVID-19 pandemic aid. State governments overall received 61% more in federal grants in 2022 than before the pandemic; Oklahoma’s federal funding doubled from 2019 to 2022.This fact brief is responsive to conversations such as this one.SourcesThe Pew Charitable Trusts Record Federal Grants to States Keep Federal Share of State Budgets HighU.S. Census 2022 Annual Survey of State Government Finances TablesPeter G. Peterson Foundation How Much Funding do State and Local Governments Receive from the Federal Government?The post Is more than 20% of Oklahoma’s state revenue from the federal government? appeared first on Oklahoma Watch.
Respond, make new discussions, see other discussions and customize your news...

To add this website to your home screen:

1. Tap tutorialsPoint

2. Select 'Add to Home screen' or 'Install app'.

3. Follow the on-scrren instructions.

Feedback
FAQ
Privacy Policy
Terms of Service