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New York State & Local Guesstimated2 2026 Government Revenue

There are three levels of governments in the US: federal, state, and local. The following table shows State & Local revenue.

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New York State & Local 2026 Taxes by Type

Type -yr 2026 +yr  
  Total Direct Revenue$337.2 billion 
  Income Taxes$125.9 billion 
  Social Insurance Taxes$31.9 billion 
  Ad valorem Taxes$130.6 billion 
  Fees and Charges$43.1 billion 
  Business and Other Revenue$45.3 billion 
Revenue: guesstimated2

Click chart for table of Revenue
or click: 2024 2025 2026 2027 2028

Note:
1. Federal revenue after 2025 is budgeted.
2. State revenue after 2023 and local revenue after 2023 are “guesstimated” by projecting the latest change in reported revenue forward to future years

Data Sources:
State GDP Information
Federal: Fed. Budget: Hist. Tables 2.1, 2.4, 2.5, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported revenue forward to future years


Deficit / Debt

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GDP / Revenue

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Revenue by Government Level

Government Revenue includes federal, state, and local revenue.

 2025 2026 2027 
 Federal Revenue0.00.00.0 
 State & Local Revenue321.4337.2355.5 
 Total Revenue321.4337.2355.5 
Revenue: guesstimated2

You can look at details of the data here. You can look at deficits here and debt here. You can create custom charts here and download data here. You can look at the federal budget here. You can take a course in taxes here.

Suggested Video: Taxes 101

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Check STATE revenue: CA NY TX FL and compare.

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Revenue Data Sources

Revenue data is from official government sources.

Gross Domestic Product data comes from US Bureau of Economic Analysis and measuringworth.com.

Detailed table of revenue data sources here.

Federal revenue data begins in 1792.

State and local revenue data begins in 1820.

State and local revenue data for individual states begins in 1957.

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Data Sources for 2026:

State GDP Information
Federal: Fed. Budget: Hist. Tables 2.1, 2.4, 2.5, 7.1
State and Local: State and Local Gov. Finances
'Guesstimated' by projecting the latest change in reported revenue forward to future years

> data sources for other years
> data update schedule.

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CBO Long Term Budget Outlook for 2025

On March 27, 2025 the Congressional Budget Office released its annual Long Term Budget Outlook for 2025, which projects federal spending and revenue out to 2055.  As before, the data for the CBO study shows that federal health-care programs and interest costs will eat the budget, with federal spending exceeding 25 percent GDP by the 2040s while federal revenue stays a little over 19 percent GDP.

UsGovernmentspending.com has updated its chart of the CBO Long Term Budget Outlook here.  You can download the data and also view CBO Long Term Budget Outlooks going back to 1999.

Tax Links

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CBO Long Term Budget Outlook for 2025

On March 27, 2025 the Congressional Budget Office released its annual Long Term Budget Outlook for 2025, which projects federal spending and revenue out to 2055.  As before, the data for the CBO study shows that federal health-care programs and interest costs will eat the budget, with federal spending exceeding 25 percent GDP by the 2040s while federal revenue stays a little over 19 percent GDP.

UsGovernmentspending.com has updated its chart of the CBO Long Term Budget Outlook here.  You can download the data and also view CBO Long Term Budget Outlooks going back to 1999.

State FY25 Taxes Update
On November 22, 2025 usgovernmentspending.com updated FY2025 state revenue with quarterly tax data released by the US Ce ...

Gross State Product for 2024
The US Bureau of Economic Analysis (BEA) released its Gross State Product (GSP) data for 2024 on March 29, 2025.Usgovernmen ...

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