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Hawaii vs Colorado Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Hawaii vs Colorado

Total Expenditure

Hawaii

$24.4 billion

Colorado

$31.6 billion

Hawaii is 22.8% lower
General Fund

Hawaii

$8.8 billion

Colorado

$13.3 billion

Hawaii is 34.3% lower
Total Revenue

Hawaii

โ€”

Colorado

โ€”

Not comparable
General Fund Revenue

Hawaii

$8.2 billion

Colorado

$14.3 billion

Hawaii is 42.9% lower
Rainy Day Fund

Hawaii

$320 million

Colorado

$3.2 billion

Hawaii is 89.9% lower
State GDP

Hawaii

$124.6 billion

Colorado

$584.3 billion

Hawaii is 78.7% lower

Receipts & Expenditure Comparison

ParticularsHawaiiColoradoDifference
Total Expenditure (all funds)$24.4 billion$31.6 billion-22.8%
General Fund Expenditure$8.8 billion$13.3 billion-34.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$8.2 billion$14.3 billion-42.9%
Rainy Day Fund$320 million$3.2 billion-89.9%
State GDP$124.6 billion$584.3 billion-78.7%

Hawaii per resident

$17,030

Colorado per resident

$5,254

Hawaii โ€” Spending Composition

Colorado โ€” Spending Composition

Category-wise Allocation โ€” Hawaii vs Colorado

CategoryHawaiiColoradoDifference
1. All Other
$15.9 billion
$8.4 billion
+88.1%
2. Medicaid
$2.7 billion
$10.6 billion
-74.3%
3. K-12 Education
$2.3 billion
$5.9 billion
-60.1%
4. Higher Education
$1.3 billion
$3.6 billion
-63.3%
5. Transportation
$1.8 billion
$2.0 billion
-9.0%
6. Corrections
$291 million
$904 million
-67.8%
7. Public Assistance
$74 million
$262 million
-71.8%

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.

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