Alaska vs Florida Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics — Alaska vs Florida

Total Expenditure

Alaska

$15.0 billion

Florida

$103.2 billion

Alaska is 85.5% lower

General Fund

Alaska

$6.4 billion

Florida

$38.1 billion

Alaska is 83.3% lower

Total Revenue

Alaska

—

Florida

—

Not comparable

General Fund Revenue

Alaska

$7.0 billion

Florida

$44.5 billion

Alaska is 84.3% lower

Rainy Day Fund

Alaska

$2.6 billion

Florida

$2.7 billion

Alaska is 3.8% lower

State GDP

Alaska

$75.0 billion

Florida

$1.83 trillion

Alaska is 95.9% lower

Receipts & Expenditure Comparison

Particulars	Alaska	Florida	Difference
Total Expenditure (all funds)	$15.0 billion	$103.2 billion	-85.5%
General Fund Expenditure	$6.4 billion	$38.1 billion	-83.3%
Total Revenue	—	—	—
General Fund Revenue	$7.0 billion	$44.5 billion	-84.3%
Rainy Day Fund	$2.6 billion	$2.7 billion	-3.8%
State GDP	$75.0 billion	$1.83 trillion	-95.9%

Alaska per resident

$20,293

Florida per resident

$4,400

Alaska — Spending Composition

Florida — Spending Composition

Category-wise Allocation — Alaska vs Florida

Category	Alaska	Florida	Difference
1. Medicaid	$2.5 billion	$34.0 billion	-92.7%
2. All Other	$6.5 billion	$29.0 billion	-77.6%
3. K-12 Education	$1.9 billion	$18.6 billion	-89.9%
4. Transportation	$2.5 billion	$9.8 billion	-74.3%
5. Higher Education	$983 million	$8.6 billion	-88.6%
6. Corrections	$474 million	$3.1 billion	-84.8%
7. Public Assistance	$115 million	$139 million	-17.3%

Compare Another Fiscal Year

FY2026 FY2025 FY2024 FY2023 FY2022 FY2021

Understanding This Comparison

State budgets are compared on an all-funds basis — the total across the general fund, federal grants, and dedicated state funds. This is the fairer measure, because states differ widely in how much they route outside the general fund. The general fund row shows the discretionary portion that state legislatures actually debate.

Fiscal years differ between states: most run July to June, Alabama and Michigan run October to September, and New York runs April to March. Figures labelled with the same fiscal year therefore cover slightly different periods.

Definitions for every term used here are in the US budget glossary. To compare across countries, see India budget comparisons.

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