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Michigan vs Arizona Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Michigan vs Arizona

Total Expenditure

Michigan

$68.4 billion

Arizona

$66.8 billion

Michigan is 2.3% higher
General Fund

Michigan

$10.0 billion

Arizona

$11.7 billion

Michigan is 14.8% lower
Total Revenue

Michigan

โ€”

Arizona

โ€”

Not comparable
General Fund Revenue

Michigan

$12.5 billion

Arizona

$14.1 billion

Michigan is 11.4% lower
Rainy Day Fund

Michigan

$1.4 billion

Arizona

$975 million

Michigan is 41.7% higher
State GDP

Michigan

$730.1 billion

Arizona

$598.2 billion

Michigan is 22.0% higher

Receipts & Expenditure Comparison

ParticularsMichiganArizonaDifference
Total Expenditure (all funds)$68.4 billion$66.8 billion+2.3%
General Fund Expenditure$10.0 billion$11.7 billion-14.8%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$12.5 billion$14.1 billion-11.4%
Rainy Day Fund$1.4 billion$975 million+41.7%
State GDP$730.1 billion$598.2 billion+22.0%

Michigan per resident

$6,749

Arizona per resident

$8,765

Michigan โ€” Spending Composition

Arizona โ€” Spending Composition

Category-wise Allocation โ€” Michigan vs Arizona

CategoryMichiganArizonaDifference
1. All Other
$20.6 billion
$31.8 billion
-35.1%
2. Medicaid
$21.3 billion
$16.0 billion
+33.0%
3. K-12 Education
$16.0 billion
$7.3 billion
+120.7%
4. Higher Education
$2.5 billion
$7.4 billion
-66.1%
5. Transportation
$5.6 billion
$3.0 billion
+88.0%
6. Corrections
$2.2 billion
$1.4 billion
+58.8%
7. Public Assistance
$172 million
$20 million
+760.0%

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.

Explore more budget data

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