GB
Beta

Arkansas vs Connecticut Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Arkansas vs Connecticut

Total Expenditure

Arkansas

$32.0 billion

Connecticut

$41.5 billion

Arkansas is 22.9% lower
General Fund

Arkansas

$5.8 billion

Connecticut

$20.7 billion

Arkansas is 71.9% lower
Total Revenue

Arkansas

โ€”

Connecticut

โ€”

Not comparable
General Fund Revenue

Arkansas

$7.5 billion

Connecticut

$22.0 billion

Arkansas is 66.0% lower
Rainy Day Fund

Arkansas

$1.2 billion

Connecticut

$3.3 billion

Arkansas is 63.4% lower
State GDP

Arkansas

$198.4 billion

Connecticut

$376.5 billion

Arkansas is 47.3% lower

Receipts & Expenditure Comparison

ParticularsArkansasConnecticutDifference
Total Expenditure (all funds)$32.0 billion$41.5 billion-22.9%
General Fund Expenditure$5.8 billion$20.7 billion-71.9%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$7.5 billion$22.0 billion-66.0%
Rainy Day Fund$1.2 billion$3.3 billion-63.4%
State GDP$198.4 billion$376.5 billion-47.3%

Arkansas per resident

$10,284

Connecticut per resident

$11,264

Arkansas โ€” Spending Composition

Connecticut โ€” Spending Composition

Category-wise Allocation โ€” Arkansas vs Connecticut

CategoryArkansasConnecticutDifference
1. All Other
$10.5 billion
$16.8 billion
-37.8%
2. Medicaid
$8.8 billion
$9.3 billion
-5.2%
3. K-12 Education
$4.5 billion
$5.4 billion
-15.6%
4. Higher Education
$4.6 billion
$4.6 billion
+0.4%
5. Transportation
$2.0 billion
$4.4 billion
-54.3%
6. Public Assistance
$1.1 billion
$369 million
+207.3%
7. Corrections
$467 million
$718 million
-35.0%

Compare Another Fiscal Year

Understanding This Comparison

State budgets are compared on an all-funds basis โ€” 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.

Explore more budget data

Browse all 50 state budgets, the federal budget across every fiscal year, or build a different comparison from the compare page.