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California vs Texas Budget FY2026

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” California vs Texas

Total Expenditure

California

$525.4 billion

Texas

$338.0 billion

California is 55.4% higher
General Fund

California

$245.3 billion

Texas

$149.0 billion

California is 64.6% higher
Total Revenue

California

โ€”

Texas

$203.6 billion

Not comparable
General Fund Revenue

California

$224.4 billion

Texas

โ€”

Not comparable
Rainy Day Fund

California

$41.3 billion

Texas

$28.5 billion

California is 45.0% higher
State GDP

California

$4.25 trillion

Texas

โ€”

Not comparable

Receipts & Expenditure Comparison

ParticularsCaliforniaTexasDifference
Total Expenditure (all funds)$525.4 billion$338.0 billion+55.4%
General Fund Expenditure$245.3 billion$149.0 billion+64.6%
Total Revenueโ€”$203.6 billionโ€”
General Fund Revenue$224.4 billionโ€”โ€”
Rainy Day Fund$41.3 billion$28.5 billion+45.0%
State GDP$4.25 trillionโ€”โ€”

California per resident

$13,348

Texas per resident

$10,659

California โ€” Spending Composition

Data not available

Texas โ€” Spending Composition

Data not available

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.