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Iowa vs Arizona Budget FY2025

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Iowa vs Arizona

Total Expenditure

Iowa

$33.0 billion

Arizona

$73.6 billion

Iowa is 55.1% lower
General Fund

Iowa

$9.0 billion

Arizona

$16.2 billion

Iowa is 44.8% lower
Total Revenue

Iowa

โ€”

Arizona

โ€”

Not comparable
General Fund Revenue

Iowa

$8.9 billion

Arizona

$16.5 billion

Iowa is 45.7% lower
Rainy Day Fund

Iowa

$891 million

Arizona

$1.5 billion

Iowa is 42.3% lower
State GDP

Iowa

$277.1 billion

Arizona

$598.2 billion

Iowa is 53.7% lower

Receipts & Expenditure Comparison

ParticularsIowaArizonaDifference
Total Expenditure (all funds)$33.0 billion$73.6 billion-55.1%
General Fund Expenditure$9.0 billion$16.2 billion-44.8%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$8.9 billion$16.5 billion-45.7%
Rainy Day Fund$891 million$1.5 billion-42.3%
State GDP$277.1 billion$598.2 billion-53.7%

Iowa per resident

$10,198

Arizona per resident

$9,649

Iowa โ€” Spending Composition

Arizona โ€” Spending Composition

Category-wise Allocation โ€” Iowa vs Arizona

CategoryIowaArizonaDifference
1. All Other
$7.1 billion
$27.3 billion
-73.9%
2. Medicaid
$9.8 billion
$18.6 billion
-47.5%
3. K-12 Education
$5.2 billion
$10.8 billion
-51.4%
4. Higher Education
$8.1 billion
$9.8 billion
-16.6%
5. Transportation
$2.2 billion
$5.5 billion
-59.8%
6. Corrections
$556 million
$1.7 billion
-66.7%

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.

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.