How Alabama Taxes Compare, 2022 Edition
PARCA’s How Alabama Taxes Compare, 2022 Edition, uses data published by the U.S. Census Bureau’s Annual Survey of State and Local Finances to compare tax revenues across the state. This most recent set of revenue and expenditure data cover state and local fiscal years ending between July 1, 2019, to June 30, 2020, identified as […]
Another Banner Year in Alabama Tax Collections, but Inflation Will Take a Bite
Alabama tax collections grew at an eye-popping rate in the 2022 fiscal year, with particularly strong growth in income tax collections (up 27% over 2021) and online sales (up more than 20%). The strong collections produced surpluses in both primary state accounts, the Education Trust Fund (ETF) and the General Fund (GF). Printable PDF available […]
Alabama Public Opinion Survey 2022
With elections for governor and legislature pending in the fall, Alabamians are united in support for public investment in education and healthcare, divided on how to raise money for new investments, and express a preference for local leadership and decision-making. That is according to PARCA’s annual public opinion survey. The poll of over 400 Alabama […]
PARCA Report Highlights Challenges of Municipal Financial Comparison, Examines City Tax Collections
Our 2022 edition of How Alabama Cities Compare (the tenth edition of PARCA’s study of Alabama city finances) introduces a new methodology, highlights the challenges of comparing municipal finances, and proposes a better way to collect the information in a standardized way that should produce comparable data more quickly. After building consensus and adjusting existing […]
The Economic Impact of Expanding Medicaid in Alabama
Expanding Medicaid coverage in Alabama could save the state almost $400 million per year over the next six years – more than enough to cover the cost of expansion – and have an average positive economic impact of $1.89 billion per year over that same time frame. These findings are based on analysis conducted by […]
How Alabama Taxes Compare, 2021 Edition
Alabama had the nation’s second-lowest tax collections per capita in 2019. Only Tennessee had lower state and local tax revenue per resident than Alabama. Since the early 1990s, Alabama had the lowest tax collections in the U.S. But beginning in 2018, tax cuts in Tennessee and economic growth in Alabama caused Tennessee to dip below […]
Alabama Tax Revenues Surge in 2021
By the end of FY 2021, Alabama tax collections had grown at their fastest pace in recent history, fueled by economic recovery from pandemic shutdowns and by unprecedented injections of federal stimulus for governments, businesses, and individuals. For the fiscal year that ended September 30, both the Education Trust Fund (ETF) and the General Fund […]
Alabama Public Opinion Survey 2021
PARCA’s 2021 public opinion survey finds a growing majority of Alabamians support spending more on education but a lack of consensus on how to pay for the increase. Among the findings: Taxes 61% of respondents say upper-income Alabamians pay too little in state taxes. The percent of respondents who believe upper-income earners pay too little […]
How Alabama Taxes Compare, 2020 Edition
Alabama had the nation’s second-lowest tax collections per capita in 2018, the first time since the 1990s that any other state — in this case Tennessee — had lower state and local tax revenue per resident than Alabama. Economic growth in Alabama, including a significant gain in income tax collections, helped Alabama nudge past Tennessee. […]
Alabama Tax Revenues Remarkably Resilient in 2020
Tax revenue flowing into Alabama’s General Fund and Education Trust Fund held up surprisingly well in 2020 fiscal year in spite of the Coronavirus pandemic, thanks to an extremely strong state economy preceding the pandemic and a flood of federal aid that followed the pandemic’s arrival. Remarkably, both Alabama’s General Fund and its ETF grew […]