Idaho Fiscal Statistics

StatisNostics/State Financials/Idaho
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20122023
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State Revenue Analysis (Idaho: 2012–2023)

Population: 1,595,590 → 1,900,923 (19.1% change)

Overall Revenue Trends

Total Revenue▲ 85.3%
$8,022,653,000 (2012)→$14,867,800,000 (2023)
Per Capita Revenue▲ 55.5%
$5,028 (2012)→$7,821 (2023)
Fund Balances▼ 100%
$6,499,675,000 (2012)→$0 (2023)
Revenue Volatility✓ Low
Avg. fluctuation: 7.9%

Major Tax Revenue

Sales Tax▲ 150.3%
$1,224,656,000 (2012)→$3,065,139,000 (2023)

Utility Revenue

Growth Analysis

Fastest Growing Revenue Sources

Education Other State Charges Not Elsewhere Classified▲ 1759.0%
$468,000→$8,700,000
Federal Intergovernmental Health & Hospitals▲ 833.3%
$53,453,000→$498,898,000
Corporation Net Income Tax▲ 448.4%
$188,589,000→$1,034,310,000

Declining/Slowest Growing Sources

Hospital Charges▼ 99.8%
$59,080,000→$92,000
Air Transportation Charges▼ 83.3%
$12,000→$2,000
Unemployment - Contribution▼ 54.8%
$329,524,000→$149,051,000

Revenue Forecast

Projected Revenue (Next Year)▲ 2.9%
Estimated: $15,297,107,545
Based on 3-year revenue trend

Revenue Composition

2012 Revenue Breakdown

Federal Intergovernmental Public Welfare16.6%
Total General Sales Taxes15.3%
Individual Income Tax15.1%
Federal Intergovernmental Education5.4%
Federal Intergovernmental Highways4.4%
All Other Not Elsewhere Classified Charges4.3%
Unemployment - Contribution4.1%
Higher Education Tuition Charges3.6%
Motor Fuels Sales Tax3.0%
Corporation Net Income Tax2.4%
Federal Intergovernmental Other2.2%
Miscellaneous General Revenue Not Elsewhere Classified2.2%
Interest Earnings1.8%
Workers Compensation - Other Contributions1.7%
Motor Vehicle License1.6%
Liquor Stores Revenue1.6%
Higher Education Auxiliary Charges1.3%
Federal Intergovernmental Other Natural Resources1.2%
Donations From Private Sources1.1%
Other Selective Sales Taxes0.9%
Occupation & Business License Not Elsewhere Classified0.9%
Insurance Premium Tax0.9%
Hospital Charges0.7%
Rents0.7%
Natural Resources Not Elsewhere Classified Charges0.7%
Federal Intergovernmental Health & Hospitals0.7%
Net Lottery Revenue0.7%
Federal Intergovernmental Housing & Community Development0.7%
Public Utility License Tax0.6%
Tobacco Sales Tax0.6%
Federal Intergovernmental Employment Security Administration0.5%
Hunting & Fishing License0.4%
Workers Compensation - Interest Earnings0.4%
Sale of Property0.2%
Housing & Community Development Charges0.2%
Miscellaneous Commercial Activity Not Elsewhere Classified Charges0.2%
Fines & Forfeits0.2%
Local Intergovernmental Public Welfare0.2%
Federal Intergovernmental Sewerage0.2%
Motor Vehicle Operators License0.1%
Severance Tax0.1%
Alcoholic Beverage Sales Tax0.1%
Regular Highway Charges0.1%
Parks & Recreation Charges0.1%
Federal Intergovernmental Water Utilities0.1%
Unemployment - Interest Revenue0.1%
Other License Tax0.0%
Royalties0.0%
Public Utilities Tax0.0%
Local Intergovernmental Highways0.0%
Corporation License Tax0.0%
Alcoholic Beverage License Tax0.0%
Parimutuels Tax0.0%
Education Other State Charges Not Elsewhere Classified0.0%
Local Intergovernmental Education0.0%
Amusement License Tax0.0%
Federal Intergovernmental Air Transportation0.0%
Local Intergovernmental Other0.0%
Air Transportation Charges0.0%

2023 Revenue Breakdown

Total General Sales Taxes20.6%
Federal Intergovernmental Public Welfare17.4%
Individual Income Tax14.4%
Corporation Net Income Tax7.0%
All Other Not Elsewhere Classified Charges4.7%
Federal Intergovernmental Highways3.4%
Federal Intergovernmental Health & Hospitals3.4%
Federal Intergovernmental Education3.2%
Higher Education Tuition Charges2.8%
Motor Fuels Sales Tax2.7%
Interest Earnings2.4%
Liquor Stores Revenue1.7%
Motor Vehicle License1.6%
Workers Compensation - Other Contributions1.6%
Miscellaneous General Revenue Not Elsewhere Classified1.4%
Federal Intergovernmental Other1.1%
Unemployment - Contribution1.0%
Insurance Premium Tax0.9%
Donations From Private Sources0.9%
Higher Education Auxiliary Charges0.9%
Federal Intergovernmental Housing & Community Development0.8%
Net Lottery Revenue0.7%
Natural Resources Not Elsewhere Classified Charges0.6%
Housing & Community Development Charges0.5%
Other Selective Sales Taxes0.5%
Rents0.5%
Public Utility License Tax0.5%
Occupation & Business License Not Elsewhere Classified0.4%
Hunting & Fishing License0.4%
Federal Intergovernmental Other Natural Resources0.4%
Tobacco Sales Tax0.3%
Sale of Property0.1%
Parks & Recreation Charges0.1%
Federal Intergovernmental Employment Security Administration0.1%
Unemployment - Interest Revenue0.1%
Workers Compensation - Interest Earnings0.1%
Federal Intergovernmental Sewerage0.1%
Fines & Forfeits0.1%
Local Intergovernmental Highways0.1%
Local Intergovernmental Public Welfare0.1%
Motor Vehicle Operators License0.1%
Alcoholic Beverage Sales Tax0.1%
Regular Highway Charges0.1%
Education Other State Charges Not Elsewhere Classified0.1%
Corporation License Tax0.0%
Severance Tax0.0%
Other License Tax0.0%
Taxes Not Elsewhere Classified0.0%
Royalties0.0%
Alcoholic Beverage License Tax0.0%
Public Utilities Tax0.0%
Local Intergovernmental Education0.0%
Federal Intergovernmental Air Transportation0.0%
Amusement License Tax0.0%
Hospital Charges0.0%
Local Intergovernmental Other0.0%
Air Transportation Charges0.0%

Key Insights

  1. 1Total revenue increased by 85.3% from 2012 to 2023, representing a significant change in the state's financial position.
  2. 2Population changed by 19.1%, while per-capita revenue changed by 55.5%.
  3. 3The state's fund balances decreased by 100%, suggesting financial challenges or major capital expenditures.
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State Expense Analysis (Idaho: 2012 - 2023)

Total Expenditure Trends

Operating Expenditures▲ 150%
$3,217,754,000→$8,052,304,000
Per Capita Spending▲ 110%
$2,017→$4,236

Population Trends

Population Change▲ 19.1%
1,595,590 (2012)→1,900,923 (2023)

Public Safety Expenses

Police Protection▲ 100%
$43,689,000 (2012)→$87,291,000 (2023)
Fire Protection▼ 0%
$0 (2012)→$0 (2023)

Infrastructure Expenses

Highways Maintenance▲ 72%
$183,142,000 (2012)→$314,373,000 (2023)
Sewerage Operations▼ 0%
$0 (2012)→$0 (2023)

Administrative Expenses

Financial Administration▲ 94%
$181,786,000 (2012)→$351,998,000 (2023)
General Expenses▲ 74%
$139,417,000 (2012)→$242,275,000 (2023)

Idaho Key Insights

  1. 1Per capita expenditures grew by 110%, indicating substantial service expansion or cost increases not explained by population growth alone
  2. 2Police Protection was the fastest growing major expense category at 100% increase
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State Debt Analysis (2012-2023)

Debt Trends

Total Long-Term Debt▼ 24%
$949,300,000 (2012)→$719,226,000 (2023)
Industrial Revenue Debt▼ 100%
$2,985,559,000 (2012)→$0 (2023)
Per Capita Debt▼ 36%
$595 (2012)→$378 (2023)

Population Trends

Population Change▲ 19.1%
1,595,590 (2012)→1,900,923 (2023)

Debt Management

Most Recent Year (2023)

Issued:$9,998,000
Retired:$218,793,000
Net Change:$-208,795,000

Debt Retirement Trend

$71,229,000 → $218,793,000▲ 207%
🔄 Significant change in retirement strategy detected

Key Insights

  1. 1There appears to be a significant shift in debt management strategy between 2012-2023, with a move toward lower debt levels.