Education

Fiscal 2003 State Budget Gaps

May 07, 2003 1 min read

According to recent data compiled by the National Conference of State Legislatures, the cumulative shortfall for fiscal 2003 state budgets has dropped from $25.7 billion in late January to $21.5 billion by late April. The following table provides a state-by-state look at those gaps.

State Gap as of
late January
(dollars in millions)
Current
Estimated Gap
(dollars in millions)
Percentage that
current gap is of
general-fund budget
Alabama $0 $0 --
Alaska $748 $500 25.0%
Arizona $343 $0 --
Arkansas $0 $0 --
California $8,500 $8,200 10.9%
Colorado $803 $0 --
Connecticut $650 $0 --
Delaware $0 $0 --
Florida $0 $0 --
Georgia $620 $110 0.8%
Hawaii $0 $0 --
Idaho $154 $154 7.9%
Illinois $592 $1,580 6.5%
Indiana $800 $800 7.6%
Iowa $0 $0 --
Kansas $150 $105 2.4%
Kentucky $106 $0 --
Louisiana $19 $0 --
Maine $43 $15 0.6%
Maryland $414 $0 --
Massachusetts $650 $150 0.6%
Michigan $158 $0 --
Minnesota $356 $12 0.04%
Mississippi $97 $0 --
Missouri $300 $323 4.5%
Montana $0 $0 --
Nebraska $174 $224 8.5%
Nevada $198 $198 9.8%
New Hampshire $58 $23 1.9%
New Jersey $1,100 $1,100 4.7%
New Mexico $0 $0 --
New York $2,500 $2,500 6.3%
North Carolina $0 $125 0.8%
North Dakota $0 $0 --
Ohio $720 $0 --
Oklahoma $292 $352 7.8%
Oregon $900 $1,063 18.5%
Pennsylvania $433 $736 3.4%
Rhode Island $0 $37 1.4%
South Carolina $348 $468 8.6%
South Dakota $0 $0 --
Tennessee * $500 5.2%
Texas $1,796 $1,796 5.8%
Utah $8 $0 --
Vermont $0 $0 --
Virginia $950 $0 --
Washington $133 $133 1.2%
West Virginia $20 $30 1.0%
Wisconsin $373 $284 2.5%
Wyoming $0 $0 --
District of Columbia $0 $0 --
Total $25,704 $21,517

* Tennessee did not provide a figure for January.

SOURCE: National Conference of State Legislatures