46 states begin their fiscal year on July 1 (New York begins its fiscal year on April 1, Texas on September 1, and Alabama and Michigan on October 1). Over the coming months, 48 states will enact a new budget for fiscal 2022. Governors in Virginia and Wyoming, which both enacted two-year budgets for fiscal 2021 and fiscal 2022 in calendar year 2020, have proposed budget adjustments to their biennial budgets. Kentucky, which would have normally passed a two-year budget in calendar year 2020, passed a one-year budget only for fiscal 2021 due to revenue uncertainty created by COVID-19, and will be considering a new budget for fiscal 2021-2022 this year. Of the 48 states considering a new budget for fiscal 2022, 17 states will enact a biennial budget for both fiscal 2022 and fiscal 2023.
As of March 24, governors in all 50 states have proposed a new or revised budget for fiscal 2022.
NASBO staff will continue to update this page as states enact budgets for fiscal 2022. Click here for prior summaries on proposed and enacted budgets.