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Illinois vs Arizona Budget FY2023

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Illinois vs Arizona

Total Expenditure

Illinois

$121.2 billion

Arizona

$112.4 billion

Illinois is 7.9% higher
General Fund

Illinois

$50.2 billion

Arizona

$16.0 billion

Illinois is 213.4% higher
Total Revenue

Illinois

โ€”

Arizona

โ€”

Not comparable
General Fund Revenue

Illinois

$50.7 billion

Arizona

$15.7 billion

Illinois is 222.9% higher
Rainy Day Fund

Illinois

$1.9 billion

Arizona

$1.4 billion

Illinois is 36.2% higher
State GDP

Illinois

$1.20 trillion

Arizona

$598.2 billion

Illinois is 100.9% higher

Receipts & Expenditure Comparison

ParticularsIllinoisArizonaDifference
Total Expenditure (all funds)$121.2 billion$112.4 billion+7.9%
General Fund Expenditure$50.2 billion$16.0 billion+213.4%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$50.7 billion$15.7 billion+222.9%
Rainy Day Fund$1.9 billion$1.4 billion+36.2%
State GDP$1.20 trillion$598.2 billion+100.9%

Illinois per resident

$9,527

Arizona per resident

$14,737

Illinois โ€” Spending Composition

Arizona โ€” Spending Composition

Category-wise Allocation โ€” Illinois vs Arizona

CategoryIllinoisArizonaDifference
1. All Other
$74.2 billion
$66.0 billion
+12.3%
2. Medicaid
$20.0 billion
$20.9 billion
-4.4%
3. K-12 Education
$14.7 billion
$10.1 billion
+45.8%
4. Higher Education
$2.9 billion
$9.0 billion
-68.1%
5. Transportation
$7.7 billion
$4.8 billion
+61.5%
6. Corrections
$1.8 billion
$1.6 billion
+10.9%

Compare Another Fiscal Year

FY2027FY2025FY2024FY2023FY2022FY2021

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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