Iowa vs Alaska Budget FY2025
Spending, revenue and category allocations compared side by side.
Key Budget Metrics โ Iowa vs Alaska
Iowa
$33.0 billion
Alaska
$15.8 billion
Iowa
$9.0 billion
Alaska
$6.4 billion
Iowa
โ
Alaska
โ
Iowa
$8.9 billion
Alaska
$6.3 billion
Iowa
$891 million
Alaska
$3.0 billion
Iowa
$277.1 billion
Alaska
$75.0 billion
Receipts & Expenditure Comparison
| Particulars | Iowa | Alaska | Difference |
|---|---|---|---|
| Total Expenditure (all funds) | $33.0 billion | $15.8 billion | +108.7% |
| General Fund Expenditure | $9.0 billion | $6.4 billion | +39.2% |
| Total Revenue | โ | โ | โ |
| General Fund Revenue | $8.9 billion | $6.3 billion | +41.0% |
| Rainy Day Fund | $891 million | $3.0 billion | -69.9% |
| State GDP | $277.1 billion | $75.0 billion | +269.4% |
Iowa per resident
$10,198
Alaska per resident
$21,471
Iowa โ Spending Composition
Alaska โ Spending Composition
Category-wise Allocation โ Iowa vs Alaska
| Category | Iowa | Alaska | Difference |
|---|---|---|---|
1. Medicaid | $9.8 billion | $3.1 billion | +219.6% |
2. Higher Education | $8.1 billion | $1.0 billion | +712.9% |
3. All Other | $7.1 billion | $7.2 billion | -0.9% |
4. K-12 Education | $5.2 billion | $1.9 billion | +175.3% |
5. Transportation | $2.2 billion | $2.2 billion | +1.9% |
6. Corrections | $556 million | $530 million | +4.9% |
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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