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Florida Budget FY2026 vs FY2025

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” FY2026 vs FY2025

Total Expenditure

FY2026

$114.8 billion

FY2025

$118.9 billion

FY2026 is 3.5% lower
General Fund

FY2026

$56.4 billion

FY2025

$51.9 billion

FY2026 is 8.7% higher
Total Revenue

FY2026

โ€”

FY2025

โ€”

Not comparable
General Fund Revenue

FY2026

$51.5 billion

FY2025

$50.7 billion

FY2026 is 1.6% higher
Rainy Day Fund

FY2026

$4.9 billion

FY2025

$4.4 billion

FY2026 is 9.7% higher
State GDP

FY2026

$1.83 trillion

FY2025

$1.83 trillion

FY2026 is 0.0% lower

Receipts & Expenditure Comparison

ParticularsFY2026FY2025Difference
Total Expenditure (all funds)$114.8 billion$118.9 billion-3.5%
General Fund Expenditure$56.4 billion$51.9 billion+8.7%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$51.5 billion$50.7 billion+1.6%
Rainy Day Fund$4.9 billion$4.4 billion+9.7%
State GDP$1.83 trillion$1.83 trillion0.0%

FY2026 per resident

$4,892

FY2025 per resident

$5,068

FY2026 โ€” Spending Composition

Data not available

FY2025 โ€” Spending Composition

Category-wise Allocation โ€” FY2026 vs FY2025

CategoryFY2026FY2025Difference
1. All Other
$0 million
$35.9 billion
-100.0%
2. Medicaid
$0 million
$33.8 billion
-100.0%
3. K-12 Education
$0 million
$19.9 billion
-100.0%
4. Transportation
$0 million
$15.5 billion
-100.0%
5. Higher Education
$0 million
$9.4 billion
-100.0%
6. Corrections
$0 million
$4.4 billion
-100.0%

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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