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Colorado vs Alaska Budget FY2022

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Colorado vs Alaska

Total Expenditure

Colorado

$35.3 billion

Alaska

$15.0 billion

Colorado is 135.9% higher
General Fund

Colorado

$17.8 billion

Alaska

$6.4 billion

Colorado is 180.5% higher
Total Revenue

Colorado

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

Colorado

$17.7 billion

Alaska

$7.0 billion

Colorado is 152.9% higher
Rainy Day Fund

Colorado

$1.6 billion

Alaska

$2.6 billion

Colorado is 38.5% lower
State GDP

Colorado

$584.3 billion

Alaska

$75.0 billion

Colorado is 679.0% higher

Receipts & Expenditure Comparison

ParticularsColoradoAlaskaDifference
Total Expenditure (all funds)$35.3 billion$15.0 billion+135.9%
General Fund Expenditure$17.8 billion$6.4 billion+180.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$17.7 billion$7.0 billion+152.9%
Rainy Day Fund$1.6 billion$2.6 billion-38.5%
State GDP$584.3 billion$75.0 billion+679.0%

Colorado per resident

$5,869

Alaska per resident

$20,293

Colorado โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” Colorado vs Alaska

CategoryColoradoAlaskaDifference
1. Medicaid
$12.5 billion
$2.5 billion
+401.4%
2. All Other
$9.1 billion
$6.5 billion
+39.6%
3. K-12 Education
$6.4 billion
$1.9 billion
+239.7%
4. Higher Education
$4.1 billion
$983 million
+319.0%
5. Transportation
$2.1 billion
$2.5 billion
-18.2%
6. Corrections
$953 million
$474 million
+101.1%
7. Public Assistance
$234 million
$115 million
+103.5%

Compare Another Fiscal Year

FY2026FY2025FY2024FY2023FY2022FY2021

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.

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