As of August 10, two states with a July 1 fiscal year start date have not yet completed a full-year budget for fiscal 2020. In both New Hampshire and North Carolina the governor vetoed the budget bill. Michigan's legislature has not yet finalized the budget but the state's fiscal year does not begin until October 1.
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). Governors in 47 states proposed new budgets for fiscal 2020 (30 states will enact an annual budget, while 17 states will enact a biennial budget covering both fiscal 2020 and fiscal 2021). Last year, 3 states enacted budgets covering both fiscal 2019 and fiscal 2020.
NASBO staff will continue to update this page as states finalize their budgets for fiscal 2020.
Budget Summaries
Staff Contact
Brian Sigritz
202-624-8439
bsigritz@nasbo.org