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FY 2025 State Budget Update – June 26, 2024
July 25, 2024
As of July 26, 48 states have enacted a budget for FY 2025. Sixteen of those states enacted a biennial budget during their 2023 legislative session.
- 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.