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Florida vs California Budget FY2025

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Florida vs California

Total Expenditure

Florida

$118.9 billion

California

$510.3 billion

Florida is 76.7% lower
General Fund

Florida

$51.9 billion

California

$233.6 billion

Florida is 77.8% lower
Total Revenue

Florida

โ€”

California

โ€”

Not comparable
General Fund Revenue

Florida

$50.7 billion

California

$215.5 billion

Florida is 76.4% lower
Rainy Day Fund

Florida

$4.4 billion

California

$50.2 billion

Florida is 91.2% lower
State GDP

Florida

$1.83 trillion

California

$4.25 trillion

Florida is 56.8% lower

Receipts & Expenditure Comparison

ParticularsFloridaCaliforniaDifference
Total Expenditure (all funds)$118.9 billion$510.3 billion-76.7%
General Fund Expenditure$51.9 billion$233.6 billion-77.8%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$50.7 billion$215.5 billion-76.4%
Rainy Day Fund$4.4 billion$50.2 billion-91.2%
State GDP$1.83 trillion$4.25 trillion-56.8%

Florida per resident

$5,068

California per resident

$12,965

Florida โ€” Spending Composition

California โ€” Spending Composition

Category-wise Allocation โ€” Florida vs California

CategoryFloridaCaliforniaDifference
1. Medicaid
$33.8 billion
$179.1 billion
-81.1%
2. All Other
$35.9 billion
$160.6 billion
-77.6%
3. K-12 Education
$19.9 billion
$89.7 billion
-77.9%
4. Transportation
$15.5 billion
$33.0 billion
-52.9%
5. Higher Education
$9.4 billion
$30.2 billion
-68.8%
6. Corrections
$4.4 billion
$17.7 billion
-75.4%

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

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