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California vs Connecticut Budget FY2023

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” California vs Connecticut

Total Expenditure

California

$413.8 billion

Connecticut

$42.6 billion

California is 870.3% higher
General Fund

California

$195.2 billion

Connecticut

$22.2 billion

California is 779.3% higher
Total Revenue

California

โ€”

Connecticut

โ€”

Not comparable
General Fund Revenue

California

$181.1 billion

Connecticut

$22.8 billion

California is 693.6% higher
Rainy Day Fund

California

$62.6 billion

Connecticut

$3.3 billion

California is 1787.8% higher
State GDP

California

$4.25 trillion

Connecticut

$376.5 billion

California is 1029.2% higher

Receipts & Expenditure Comparison

ParticularsCaliforniaConnecticutDifference
Total Expenditure (all funds)$413.8 billion$42.6 billion+870.3%
General Fund Expenditure$195.2 billion$22.2 billion+779.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$181.1 billion$22.8 billion+693.6%
Rainy Day Fund$62.6 billion$3.3 billion+1787.8%
State GDP$4.25 trillion$376.5 billion+1029.2%

California per resident

$10,513

Connecticut per resident

$11,563

California โ€” Spending Composition

Connecticut โ€” Spending Composition

Category-wise Allocation โ€” California vs Connecticut

CategoryCaliforniaConnecticutDifference
1. All Other
$139.6 billion
$17.0 billion
+721.4%
2. Medicaid
$134.1 billion
$10.1 billion
+1231.3%
3. K-12 Education
$74.3 billion
$6.4 billion
+1062.4%
4. Higher Education
$27.0 billion
$4.1 billion
+554.3%
5. Transportation
$20.2 billion
$4.2 billion
+383.9%
6. Corrections
$18.7 billion
$895 million
+1992.3%

Compare Another Fiscal Year

FY2025FY2024FY2023FY2022FY2021

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

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