Government budget and revenue in Texas, United States: official figures
Texas' state government took in $208.1 billion in fiscal year 2024, $6,646 per resident, 3rd lowest of 50 states per person (all states: $9,318 per person). The total includes taxes, federal funds, charges and pension-fund investment income.
How much does the Texas state government spend?
The Texas state government spent $211.1 billion in fiscal year 2024, or $6,740 per resident, 3rd lowest of 50 states (all states: $9,444). Spending was 28.6% higher than in fiscal year 2019 ($164.1 billion), before adjusting for inflation.
Source: U.S. Census Bureau · saved copyHow much debt does the Texas state government have?
Texas state government debt outstanding was $70.1 billion at the end of fiscal year 2024, $2,237 per resident, 15th lowest of 50 states (all states: $3,248). That equals 34% of one year's general revenue; in fiscal year 2019 the debt was $54.0 billion.
Source: U.S. Census Bureau · saved copyHow much federal funding does Texas get?
The federal government provided $68.4 billion to the Texas state government in fiscal year 2024, $2,186 per resident and 32.9% of its general revenue, 20th lowest share of 50 states (all states: 34.2%).
Source: U.S. Census Bureau · saved copyWhat are federal funds to Texas spent on?
Public welfare programmes, mainly Medicaid, accounted for $37.5 billion or 55% of Texas' federal funds in fiscal year 2024, and education for $10.4 billion (15%).
Source: U.S. Census Bureau · saved copyWhat does the Texas state government spend its money on?
Direct state spending on public welfare was $1,831 per resident in fiscal year 2024, 4th lowest of 50 states (all states: $3,000); higher education took $1,231 per resident and highways $593.
Source: U.S. Census Bureau · saved copyHow much does Texas give to local governments and schools?
23.2% of Texas' state general spending in fiscal year 2024 ($48.9 billion) was paid to other governments, mostly local governments and school districts, 22nd lowest share of 50 states (all states: 27.7%).
Source: U.S. Census Bureau · saved copyHow much tax does Texas collect?
Texas collected $89.9 billion in state taxes in fiscal year 2025, $2,836 per resident, 4th lowest of 50 states (all states: $4,503). That was 3.0% more than in fiscal year 2024 ($87.4 billion); across all states collections rose 4.3%.
Source: U.S. Census Bureau · saved copyWhat taxes does Texas rely on?
Texas recorded no individual income tax collections in fiscal year 2025. The general sales tax raised $56.5 billion (62.8%, 2nd highest share of 50 states). The largest single tax was the general sales and gross receipts tax (62.8%), followed by the other selective sales taxes (10.0%).
Source: U.S. Census Bureau · saved copyDoes Texas have corporate, property or severance taxes?
In fiscal year 2025, in Texas, no corporate net income tax was collected; no state property tax was collected; severance tax on oil, gas, coal and minerals raised $8.0 billion (8.9% of state taxes).
Source: U.S. Census Bureau · saved copyHow much money does the Texas state government hold in reserves?
The Texas state government held $367.5 billion in cash and securities at the end of fiscal year 2024, $11,735 per resident, of which $363.5 billion was in insurance trust funds such as public employee pension systems.
Source: U.S. Census Bureau · saved copyHow Texas compares with other states
State government revenue per person (2024)
Texas ranks 48 of 50, highest first. All revenue of the state government, including insurance trust income, divided by 1 July population
| Rank | Region | State government revenue per person |
|---|---|---|
| 44 | Missouri | $7,376 |
| 45 | South Dakota | $7,353 |
| 46 | New Hampshire | $7,194 |
| 47 | Tennessee | $6,833 |
| 48 | Texas | $6,646 |
| 49 | Florida | $6,107 |
| 50 | Georgia | $6,000 |
State government spending per person (2024)
Texas ranks 48 of 50, highest first. Total expenditure of the state government divided by 1 July population
| Rank | Region | State government spending per person |
|---|---|---|
| 44 | Missouri | $7,584 |
| 45 | Nevada | $7,536 |
| 46 | Idaho | $7,346 |
| 47 | Tennessee | $6,829 |
| 48 | Texas | $6,740 |
| 49 | Georgia | $6,310 |
| 50 | Florida | $5,583 |
State government debt per person (2024)
Texas ranks 36 of 50, highest first. Debt outstanding at the end of the fiscal year divided by 1 July population
| Rank | Region | State government debt per person |
|---|---|---|
| 33 | Michigan | $2,477 |
| 34 | Montana | $2,423 |
| 35 | Kansas | $2,416 |
| 36 | Texas | $2,237 |
| 37 | Kentucky | $2,199 |
| 38 | Wyoming | $2,140 |
| 39 | Alabama | $2,129 |
Federal funds received by the state government per person (2024)
Texas ranks 49 of 50, highest first. Intergovernmental revenue from the federal government
| Rank | Region | Federal funds received by the state government per person |
|---|---|---|
| 44 | Utah | $2,416 |
| 45 | Kansas | $2,410 |
| 46 | New Hampshire | $2,310 |
| 47 | Georgia | $2,285 |
| 48 | Idaho | $2,252 |
| 49 | Texas | $2,186 |
| 50 | Florida | $2,104 |
Federal funds as a share of state general revenue (2024)
Texas ranks 31 of 50, highest first.
| Rank | Region | Federal funds as a share of state general revenue |
|---|---|---|
| 28 | Florida | 34.4% |
| 29 | Maryland | 33.9% |
| 30 | Vermont | 33.8% |
| 31 | Texas | 32.9% |
| 32 | South Carolina | 32.8% |
| 33 | Iowa | 32.6% |
| 34 | Nevada | 31.9% |
State tax collections per person (2025)
Texas ranks 47 of 50, highest first.
| Rank | Region | State tax collections per person |
|---|---|---|
| 44 | Georgia | $3,040 |
| 45 | South Dakota | $2,874 |
| 46 | Missouri | $2,871 |
| 47 | Texas | $2,836 |
| 48 | Florida | $2,709 |
| 49 | New Hampshire | $2,383 |
| 50 | Alaska | $2,288 |
Individual income tax as a share of state taxes (2025)
Texas ranks 45 of 50, highest first.
| Rank | Region | Individual income tax as a share of state taxes |
|---|---|---|
| 42 | New Hampshire | 2.7% |
| 43 | Washington | 1.4% |
| 44 | Tennessee | 0.0% |
| 45 | Texas | 0.0% |
| 46 | Florida | 0.0% |
| 47 | Nevada | 0.0% |
| 48 | South Dakota | 0.0% |
General sales tax as a share of state taxes (2025)
Texas ranks 2 of 50, highest first.
| Rank | Region | General sales tax as a share of state taxes |
|---|---|---|
| 1 | Florida | 62.9% |
| 2 | Texas | 62.8% |
| 3 | South Dakota | 61.6% |
| 4 | Washington | 59.4% |
| 5 | Tennessee | 57.5% |
| 6 | Nevada | 52.4% |
| 7 | Arizona | 50.7% |
State spending on public welfare per person (2024)
Texas ranks 47 of 50, highest first. Direct general expenditure on public welfare, mainly Medicaid
| Rank | Region | State spending on public welfare per person |
|---|---|---|
| 44 | Alabama | $1,886 |
| 45 | Idaho | $1,865 |
| 46 | Wyoming | $1,858 |
| 47 | Texas | $1,831 |
| 48 | Florida | $1,726 |
| 49 | Georgia | $1,695 |
| 50 | Connecticut | $1,330 |
More on Texas: overview · economy and jobs · health · education and schools · poverty and living standards · the United States
Sources
- U.S. Census Bureau: Annual Survey of State Government Finances: State Government Finances, U.S. and States, 2012-2024 (table GS00STATEFIN01, amounts in thousands of dollars), read 23 October 2026 · saved copy (SHA-256 72ff59b48414…)
- U.S. Census Bureau: Annual Survey of State Government Tax Collections: historical database, fiscal years to 2025 (thousands of dollars), read 23 October 2026 · saved copy (SHA-256 bdf560cd3d8f…)
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