Alabama
(GSP, revenue and spending figures in billions of dollars*)
| |
2010 |
1992 |
| populaton |
4,802,982 |
4,100,000 |
| gross state product |
174.4 |
126.4 |
| total revenues |
14.9 |
12.1 |
| rev. per capita |
$3,102 |
$2,957 |
| ind. income tax |
2.5 |
1.9 |
| sales tax |
3.3 |
2.6 |
| corp tax |
.4 |
.3 |
| ind. inc, prop & sales taxes/rev |
38.9% |
37.2% |
| total spending |
21.8 |
11.7 |
| spend. per capita |
$4,539 |
$2,843 |
| income per capita ('08 vs. '92) |
$36,372 |
$26,832 |
| rank among states |
(43) |
(40) |
- FY11 budget shortfall closed on adoption: $586 mil.
- As pct. of FY11 budget: 8.3%
- Combined state & local debt per capita: $5,628
- Unfunded state + local liabilities per capita: $5,159
* '10 dollar figures projected
'92 dollar figures inflation-adjusted