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Kentucky vs Alaska Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Kentucky vs Alaska

Total Expenditure

Kentucky

$45.4 billion

Alaska

$15.0 billion

Kentucky is 203.6% higher
General Fund

Kentucky

$13.0 billion

Alaska

$6.4 billion

Kentucky is 104.8% higher
Total Revenue

Kentucky

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

Kentucky

$14.8 billion

Alaska

$7.0 billion

Kentucky is 111.9% higher
Rainy Day Fund

Kentucky

$2.5 billion

Alaska

$2.6 billion

Kentucky is 5.0% lower
State GDP

Kentucky

$306.9 billion

Alaska

$75.0 billion

Kentucky is 309.1% higher

Receipts & Expenditure Comparison

ParticularsKentuckyAlaskaDifference
Total Expenditure (all funds)$45.4 billion$15.0 billion+203.6%
General Fund Expenditure$13.0 billion$6.4 billion+104.8%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$14.8 billion$7.0 billion+111.9%
Rainy Day Fund$2.5 billion$2.6 billion-5.0%
State GDP$306.9 billion$75.0 billion+309.1%

Kentucky per resident

$9,854

Alaska per resident

$20,293

Kentucky โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” Kentucky vs Alaska

CategoryKentuckyAlaskaDifference
1. Medicaid
$14.9 billion
$2.5 billion
+499.5%
2. All Other
$9.9 billion
$6.5 billion
+52.6%
3. Higher Education
$9.2 billion
$983 million
+831.4%
4. K-12 Education
$7.6 billion
$1.9 billion
+304.8%
5. Transportation
$2.8 billion
$2.5 billion
+11.6%
6. Corrections
$782 million
$474 million
+65.0%
7. Public Assistance
$222 million
$115 million
+93.0%

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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