The final state government budget for the fiscal year that begins on Oct. 1, 2014, not including education spending (which is in House Bill 5314.) This would appropriate $37.4 billion, compared to $34.4 billion originally appropriated the previous year (prior to adoption of the federal health care law's Medicaid expansion). Of this, $17.6 billion comes from state tax, fee and other revenue, compared to $16.9 billion the previous year. The rest of this budget is federal money ($19.8 billion, compared to $18.1 billion the previous year).
With education spending, the total state budget for the next fiscal year will be $53.15 billion, up $3.63 billion (7.3 percent) from the $49.52 billion budget originally enacted for the previous year. The state portion of this will be $31.45 billion, up $1.25 billion (4.1 percent) from the $30.18 billion originally approved for the previous year.