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Hawaii vs Connecticut Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Hawaii vs Connecticut

Total Expenditure

Hawaii

$20.2 billion

Connecticut

$42.8 billion

Hawaii is 52.9% lower
General Fund

Hawaii

$10.7 billion

Connecticut

$22.8 billion

Hawaii is 52.9% lower
Total Revenue

Hawaii

โ€”

Connecticut

โ€”

Not comparable
General Fund Revenue

Hawaii

$10.6 billion

Connecticut

$22.7 billion

Hawaii is 53.2% lower
Rainy Day Fund

Hawaii

$1.5 billion

Connecticut

$4.1 billion

Hawaii is 63.1% lower
State GDP

Hawaii

$124.6 billion

Connecticut

$376.5 billion

Hawaii is 66.9% lower

Receipts & Expenditure Comparison

ParticularsHawaiiConnecticutDifference
Total Expenditure (all funds)$20.2 billion$42.8 billion-52.9%
General Fund Expenditure$10.7 billion$22.8 billion-52.9%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$10.6 billion$22.7 billion-53.2%
Rainy Day Fund$1.5 billion$4.1 billion-63.1%
State GDP$124.6 billion$376.5 billion-66.9%

Hawaii per resident

$14,068

Connecticut per resident

$11,597

Hawaii โ€” Spending Composition

Connecticut โ€” Spending Composition

Category-wise Allocation โ€” Hawaii vs Connecticut

CategoryHawaiiConnecticutDifference
1. All Other
$10.8 billion
$16.2 billion
-33.2%
2. Medicaid
$3.2 billion
$10.5 billion
-69.6%
3. K-12 Education
$3.1 billion
$6.5 billion
-52.6%
4. Transportation
$1.9 billion
$4.9 billion
-62.3%
5. Higher Education
$816 million
$3.8 billion
-78.6%
6. Corrections
$402 million
$827 million
-51.4%

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.

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