Maine vs Arkansas Budget FY2021
Spending, revenue and category allocations compared side by side.
Key Budget Metrics โ Maine vs Arkansas
Maine
$12.1 billion
Arkansas
$31.0 billion
Maine
$3.8 billion
Arkansas
$5.5 billion
Maine
โ
Arkansas
โ
Maine
$4.5 billion
Arkansas
$6.8 billion
Maine
$497 million
Arkansas
$210 million
Maine
$102.8 billion
Arkansas
$198.4 billion
Receipts & Expenditure Comparison
| Particulars | Maine | Arkansas | Difference |
|---|---|---|---|
| Total Expenditure (all funds) | $12.1 billion | $31.0 billion | -61.0% |
| General Fund Expenditure | $3.8 billion | $5.5 billion | -31.2% |
| Total Revenue | โ | โ | โ |
| General Fund Revenue | $4.5 billion | $6.8 billion | -34.0% |
| Rainy Day Fund | $497 million | $210 million | +136.7% |
| State GDP | $102.8 billion | $198.4 billion | -48.2% |
Maine per resident
$8,553
Arkansas per resident
$9,968
Maine โ Spending Composition
Arkansas โ Spending Composition
Category-wise Allocation โ Maine vs Arkansas
| Category | Maine | Arkansas | Difference |
|---|---|---|---|
1. All Other | $5.0 billion | $11.9 billion | -57.5% |
2. Medicaid | $3.5 billion | $8.1 billion | -56.9% |
3. K-12 Education | $2.0 billion | $4.0 billion | -49.6% |
4. Higher Education | $354 million | $3.8 billion | -90.7% |
5. Transportation | $783 million | $2.0 billion | -60.5% |
6. Public Assistance | $218 million | $798 million | -72.7% |
7. Corrections | $202 million | $517 million | -60.9% |
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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