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Louisiana vs Colorado Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Louisiana vs Colorado

Total Expenditure

Louisiana

$43.3 billion

Colorado

$42.6 billion

Louisiana is 1.7% higher
General Fund

Louisiana

$12.0 billion

Colorado

$16.9 billion

Louisiana is 29.1% lower
Total Revenue

Louisiana

โ€”

Colorado

โ€”

Not comparable
General Fund Revenue

Louisiana

$12.2 billion

Colorado

$17.3 billion

Louisiana is 29.4% lower
Rainy Day Fund

Louisiana

$1.1 billion

Colorado

$3.2 billion

Louisiana is 66.5% lower
State GDP

Louisiana

$340.1 billion

Colorado

$584.3 billion

Louisiana is 41.8% lower

Receipts & Expenditure Comparison

ParticularsLouisianaColoradoDifference
Total Expenditure (all funds)$43.3 billion$42.6 billion+1.7%
General Fund Expenditure$12.0 billion$16.9 billion-29.1%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$12.2 billion$17.3 billion-29.4%
Rainy Day Fund$1.1 billion$3.2 billion-66.5%
State GDP$340.1 billion$584.3 billion-41.8%

Louisiana per resident

$9,371

Colorado per resident

$7,077

Louisiana โ€” Spending Composition

Colorado โ€” Spending Composition

Category-wise Allocation โ€” Louisiana vs Colorado

CategoryLouisianaColoradoDifference
1. Medicaid
$16.9 billion
$14.0 billion
+21.2%
2. All Other
$11.6 billion
$11.4 billion
+2.3%
3. K-12 Education
$7.5 billion
$7.6 billion
-0.6%
4. Higher Education
$3.5 billion
$6.7 billion
-47.5%
5. Transportation
$2.6 billion
$1.8 billion
+43.0%
6. Corrections
$1.1 billion
$1.2 billion
-2.7%

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.

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