FY 2025 State Budget Tracker – June 26, 2025

As of June 26, 39 states have enacted a budget for FY 2025. Sixteen of those states enacted a biennial budget during their 2023 legislative session. Budgets in two states are currently waiting for the Governor to act.

• Forty-six states will begin fiscal year 2025 on July 1.
• New York begins its fiscal year on April 1.
• Texas begins its fiscal year on September 1.
• Alabama and Michigan begin their fiscal year on October 1.

A full list of states and budget information can be accessed below.