Louisiana Fiscal Statistics

StatisNostics/State Financials/Louisiana

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20122023

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State Revenue Analysis (Louisiana: 2012–2023)

Population: 4,604,744 → 4,624,047 (0.4% change)

Overall Revenue Trends

Total Revenue▲ 74.9%

$25,961,795,000 (2012)→$45,394,891,000 (2023)

Per Capita Revenue▲ 74.1%

$5,638 (2012)→$9,817 (2023)

Fund Balances▼ 100%

$18,666,983,000 (2012)→$0 (2023)

Revenue Volatility✓ Low

Avg. fluctuation: 6.9%

Major Tax Revenue

Property Tax▲ 93.3%

$50,937,000 (2012)→$98,440,000 (2023)

Sales Tax▲ 71%

$2,815,919,000 (2012)→$4,814,807,000 (2023)

Utility Revenue

Water Utilities▲ 38.3%

$6,025,000 (2012)→$8,330,000 (2023)

Growth Analysis

Fastest Growing Revenue Sources

Regular Highway Charges▲ 21500.0%

$4,000→$864,000

Donations From Private Sources▲ 1413.2%

$90,199,000→$1,364,873,000

Fines & Forfeits▲ 1350.0%

$14,918,000→$216,310,000

Declining/Slowest Growing Sources

Hospital Charges▼ 99.3%

$1,275,027,000→$9,318,000

Sale of Property▼ 91.4%

$6,589,000→$568,000

Rents▼ 82.4%

$78,584,000→$13,792,000

Revenue Forecast

Projected Revenue (Next Year)▲ 9%

Estimated: $49,464,864,393

Based on 3-year revenue trend

Revenue Composition

2012 Revenue Breakdown

Federal Intergovernmental Public Welfare21.3%

Total General Sales Taxes10.8%

Individual Income Tax9.5%

Federal Intergovernmental Other9.4%

Federal Intergovernmental Education5.7%

Hospital Charges4.9%

Federal Intergovernmental Highways3.8%

Miscellaneous General Revenue Not Elsewhere Classified3.6%

Severance Tax3.4%

Higher Education Tuition Charges3.1%

Amusement Tax2.6%

Royalties2.4%

Motor Fuels Sales Tax2.2%

Interest Earnings2.1%

Insurance Premium Tax1.4%

Higher Education Auxiliary Charges1.3%

Corporation Net Income Tax1.1%

Federal Intergovernmental Health & Hospitals1.1%

Other Selective Sales Taxes1.0%

Unemployment - Contribution1.0%

Other In Trust - Other Contributions0.9%

Net Lottery Revenue0.7%

Federal Intergovernmental Employment Security Administration0.6%

Federal Intergovernmental Other Natural Resources0.5%

Tobacco Sales Tax0.5%

Motor Vehicle License0.5%

Occupation & Business License Not Elsewhere Classified0.4%

Corporation License Tax0.4%

Donations From Private Sources0.3%

Rents0.3%

Parks & Recreation Charges0.3%

All Other Not Elsewhere Classified Charges0.3%

Water Transportation & Terminal Charges0.3%

Workers Compensation - Other Contributions0.3%

Alcoholic Beverage Sales Tax0.2%

Federal Intergovernmental Housing & Community Development0.2%

Property Tax0.2%

Local Intergovernmental Other0.2%

Toll Highway Charges0.1%

Federal Intergovernmental Sewerage0.1%

Hunting & Fishing License0.1%

Natural Resources Not Elsewhere Classified Charges0.1%

Unemployment - Interest Revenue0.1%

Local Intergovernmental Education0.1%

Education Other State Charges Not Elsewhere Classified0.1%

Local Intergovernmental Highways0.1%

Federal Intergovernmental Water Utilities0.1%

Fines & Forfeits0.1%

Public Utilities Tax0.0%

Motor Vehicle Operators License0.0%

Public Utility License Tax0.0%

Sale of Property0.0%

Water Utilities Revenue0.0%

Parimutuels Tax0.0%

Other License Tax0.0%

Other In Trust - Interest Revenue0.0%

Housing & Community Development Charges0.0%

Electric Utilities Revenue0.0%

Federal Intergovernmental Air Transportation0.0%

Death & Gift Tax0.0%

Local Intergovernmental Health & Hospitals0.0%

Local Intergovernmental Housing & Community Development0.0%

Air Transportation Charges0.0%

Regular Highway Charges0.0%

2023 Revenue Breakdown

Federal Intergovernmental Public Welfare31.5%

Total General Sales Taxes10.6%

Individual Income Tax10.3%

Federal Intergovernmental Education7.5%

Federal Intergovernmental Other6.2%

Donations From Private Sources3.0%

Higher Education Tuition Charges2.8%

Insurance Premium Tax2.7%

Corporation Net Income Tax2.7%

Miscellaneous General Revenue Not Elsewhere Classified2.3%

Federal Intergovernmental Highways2.0%

Severance Tax1.9%

Amusement Tax1.7%

Unemployment - Contribution1.6%

Motor Fuels Sales Tax1.4%

Local Intergovernmental Public Welfare1.3%

Higher Education Auxiliary Charges1.1%

Corporation License Tax1.0%

Federal Intergovernmental Health & Hospitals1.0%

Net Lottery Revenue0.7%

Interest Earnings0.7%

All Other Not Elsewhere Classified Charges0.7%

Royalties0.6%

Tobacco Sales Tax0.5%

Other In Trust - Other Contributions0.5%

Fines & Forfeits0.5%

Federal Intergovernmental Employment Security Administration0.4%

Water Transportation & Terminal Charges0.4%

Other Selective Sales Taxes0.3%

Federal Intergovernmental Other Natural Resources0.3%

Occupation & Business License Not Elsewhere Classified0.3%

Parks & Recreation Charges0.3%

Property Tax0.2%

Motor Vehicle License0.2%

Alcoholic Beverage Sales Tax0.2%

Workers Compensation - Other Contributions0.2%

Local Intergovernmental Other0.1%

Natural Resources Not Elsewhere Classified Charges0.1%

Hunting & Fishing License0.1%

Federal Intergovernmental Housing & Community Development0.1%

Toll Highway Charges0.1%

Local Intergovernmental Highways0.0%

Unemployment - Interest Revenue0.0%

Rents0.0%

Public Utilities Tax0.0%

Public Utility License Tax0.0%

Motor Vehicle Operators License0.0%

Hospital Charges0.0%

Federal Intergovernmental Sewerage0.0%

Water Utilities Revenue0.0%

Other License Tax0.0%

Electric Utilities Revenue0.0%

Housing & Community Development Charges0.0%

Local Intergovernmental Education0.0%

Education Other State Charges Not Elsewhere Classified0.0%

Other In Trust - Interest Revenue0.0%

Regular Highway Charges0.0%

Sale of Property0.0%

Federal Intergovernmental Air Transportation0.0%

Air Transportation Charges0.0%

Local Intergovernmental Housing & Community Development0.0%

Key Insights

1Total revenue increased by 74.9% from 2012 to 2023, representing a significant change in the state's financial position.
2Population changed by 0.4%, while per-capita revenue changed by 74.1%.
3The state's fund balances decreased by 100%, suggesting financial challenges or major capital expenditures.

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State Expense Analysis (Louisiana: 2012 - 2023)

Total Expenditure Trends

Operating Expenditures▲ 182%

$10,752,515,000→$30,279,156,000

Per Capita Spending▲ 180%

$2,335→$6,548

Population Trends

Population Change▲ 0.4%

4,604,744 (2012)→4,624,047 (2023)

⚠️ Spending growth significantly outpacing population growth

Public Safety Expenses

Police Protection▲ 57%

$211,598,000 (2012)→$332,490,000 (2023)

Fire Protection▼ 0%

$0 (2012)→$0 (2023)

Infrastructure Expenses

Highways Maintenance▲ 29%

$429,120,000 (2012)→$553,938,000 (2023)

Sewerage Operations▼ 0%

$0 (2012)→$0 (2023)

Administrative Expenses

Financial Administration▲ 35%

$411,759,000 (2012)→$557,115,000 (2023)

General Expenses▲ 194%

$776,716,000 (2012)→$2,279,894,000 (2023)

Louisiana Key Insights

1Per capita expenditures grew by 180%, indicating substantial service expansion or cost increases not explained by population growth alone
2General expenses increased dramatically by 194%, which may indicate classification changes, new initiatives, or reporting adjustments

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State Debt Analysis (2012-2023)

Debt Trends

Total Long-Term Debt▲ 38%

$11,641,702,000 (2012)→$16,101,739,000 (2023)

Industrial Revenue Debt▼ 100%

$7,084,805,000 (2012)→$0 (2023)

Per Capita Debt▲ 38%

$2,528 (2012)→$3,482 (2023)

Population Trends

Population Change▲ 0.4%

4,604,744 (2012)→4,624,047 (2023)

⚠️ Per capita debt increased significantly with stable population

Debt Management

Most Recent Year (2023)

Issued:$941,060,000

Retired:$1,353,382,000

Net Change:$-412,322,000

Debt Retirement Trend

$2,237,851,000 → $1,353,382,000▼ 40%

Key Insights

1The state's debt burden per resident grew substantially while population remained relatively flat.