… in using federal dollars as a percentage of state general revenue. That’s according to the Tax Foundation. In fiscal year 2011, 41.1% of the state’s budget was made up of federal money. The chart below, which you can click to enlarge, has the information for all the states.
Mississippi is #1, with 49% of its revenue coming from the feds, followed by Louisiana, with 46.5%. Alaska, with 24% of revenues being federal and Delaware, with 25.9% bring up the rear.
Two things to consider: FY 2011 was in the middle of the recession, so these numbers may not reflect what we will see in the 2015 budget. And, state spending does not fully reflect the federal impact on the Peach State. We have many military installations powered by federal money. When you add in other items, such as welfare programs, federal prisons and farm subsidies, you begin to see how much of Georgia’s economy is influenced by Washington.