GB
Beta

Illinois vs Connecticut Budget FY2024

Spending, revenue and category allocations compared side by side.

Export

Key Budget Metrics โ€” Illinois vs Connecticut

Total Expenditure

Illinois

$139.8 billion

Connecticut

$42.8 billion

Illinois is 226.8% higher
General Fund

Illinois

$53.2 billion

Connecticut

$22.8 billion

Illinois is 133.5% higher
Total Revenue

Illinois

โ€”

Connecticut

โ€”

Not comparable
General Fund Revenue

Illinois

$52.6 billion

Connecticut

$22.7 billion

Illinois is 131.5% higher
Rainy Day Fund

Illinois

$1.9 billion

Connecticut

$4.1 billion

Illinois is 52.7% lower
State GDP

Illinois

$1.20 trillion

Connecticut

$376.5 billion

Illinois is 219.3% higher

Receipts & Expenditure Comparison

ParticularsIllinoisConnecticutDifference
Total Expenditure (all funds)$139.8 billion$42.8 billion+226.8%
General Fund Expenditure$53.2 billion$22.8 billion+133.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$52.6 billion$22.7 billion+131.5%
Rainy Day Fund$1.9 billion$4.1 billion-52.7%
State GDP$1.20 trillion$376.5 billion+219.3%

Illinois per resident

$10,989

Connecticut per resident

$11,597

Illinois โ€” Spending Composition

Connecticut โ€” Spending Composition

Category-wise Allocation โ€” Illinois vs Connecticut

CategoryIllinoisConnecticutDifference
1. All Other
$87.8 billion
$16.2 billion
+442.6%
2. Medicaid
$24.5 billion
$10.5 billion
+132.8%
3. K-12 Education
$15.1 billion
$6.5 billion
+133.0%
4. Transportation
$7.5 billion
$4.9 billion
+52.9%
5. Higher Education
$3.0 billion
$3.8 billion
-21.8%
6. Corrections
$1.8 billion
$827 million
+123.2%

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.

Explore more budget data

Browse all 50 state budgets, the federal budget across every fiscal year, or build a different comparison from the compare page.