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Louisiana vs Alabama Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Louisiana vs Alabama

Total Expenditure

Louisiana

$34.8 billion

Alabama

$31.9 billion

Louisiana is 9.1% higher
General Fund

Louisiana

$9.9 billion

Alabama

$10.0 billion

Louisiana is 1.5% lower
Total Revenue

Louisiana

โ€”

Alabama

โ€”

Not comparable
General Fund Revenue

Louisiana

$10.7 billion

Alabama

$11.2 billion

Louisiana is 4.6% lower
Rainy Day Fund

Louisiana

$546 million

Alabama

$1.2 billion

Louisiana is 53.9% lower
State GDP

Louisiana

$340.1 billion

Alabama

$321.2 billion

Louisiana is 5.9% higher

Receipts & Expenditure Comparison

ParticularsLouisianaAlabamaDifference
Total Expenditure (all funds)$34.8 billion$31.9 billion+9.1%
General Fund Expenditure$9.9 billion$10.0 billion-1.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$10.7 billion$11.2 billion-4.6%
Rainy Day Fund$546 million$1.2 billion-53.9%
State GDP$340.1 billion$321.2 billion+5.9%

Louisiana per resident

$7,537

Alabama per resident

$6,145

Louisiana โ€” Spending Composition

Alabama โ€” Spending Composition

Category-wise Allocation โ€” Louisiana vs Alabama

CategoryLouisianaAlabamaDifference
1. Medicaid
$15.4 billion
$7.7 billion
+101.2%
2. All Other
$8.5 billion
$9.0 billion
-5.5%
3. K-12 Education
$5.7 billion
$6.3 billion
-10.7%
4. Higher Education
$2.9 billion
$6.3 billion
-54.2%
5. Transportation
$1.6 billion
$1.8 billion
-7.8%
6. Corrections
$570 million
$814 million
-30.0%
7. Public Assistance
$140 million
$27 million
+418.5%

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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