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Illinois vs Alabama Budget FY2024

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Illinois vs Alabama

Total Expenditure

Illinois

$139.8 billion

Alabama

$38.1 billion

Illinois is 266.7% higher
General Fund

Illinois

$53.2 billion

Alabama

$13.5 billion

Illinois is 293.6% higher
Total Revenue

Illinois

โ€”

Alabama

โ€”

Not comparable
General Fund Revenue

Illinois

$52.6 billion

Alabama

$14.1 billion

Illinois is 272.3% higher
Rainy Day Fund

Illinois

$1.9 billion

Alabama

$2.7 billion

Illinois is 27.7% lower
State GDP

Illinois

$1.20 trillion

Alabama

$321.2 billion

Illinois is 274.2% higher

Receipts & Expenditure Comparison

ParticularsIllinoisAlabamaDifference
Total Expenditure (all funds)$139.8 billion$38.1 billion+266.7%
General Fund Expenditure$53.2 billion$13.5 billion+293.6%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$52.6 billion$14.1 billion+272.3%
Rainy Day Fund$1.9 billion$2.7 billion-27.7%
State GDP$1.20 trillion$321.2 billion+274.2%

Illinois per resident

$10,989

Alabama per resident

$7,339

Illinois โ€” Spending Composition

Alabama โ€” Spending Composition

Category-wise Allocation โ€” Illinois vs Alabama

CategoryIllinoisAlabamaDifference
1. All Other
$87.8 billion
$7.3 billion
+1097.6%
2. Medicaid
$24.5 billion
$8.8 billion
+177.1%
3. K-12 Education
$15.1 billion
$10.5 billion
+44.4%
4. Higher Education
$3.0 billion
$8.3 billion
-63.9%
5. Transportation
$7.5 billion
$2.2 billion
+250.6%
6. Corrections
$1.8 billion
$1.0 billion
+78.7%

Compare Another Fiscal Year

FY2025FY2024FY2023FY2022FY2021

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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