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Mississippi vs Alabama Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Mississippi vs Alabama

Total Expenditure

Mississippi

$22.2 billion

Alabama

$31.9 billion

Mississippi is 30.3% lower
General Fund

Mississippi

$5.6 billion

Alabama

$10.0 billion

Mississippi is 44.5% lower
Total Revenue

Mississippi

โ€”

Alabama

โ€”

Not comparable
General Fund Revenue

Mississippi

$6.7 billion

Alabama

$11.2 billion

Mississippi is 39.8% lower
Rainy Day Fund

Mississippi

$542 million

Alabama

$1.2 billion

Mississippi is 54.2% lower
State GDP

Mississippi

$165.1 billion

Alabama

$321.2 billion

Mississippi is 48.6% lower

Receipts & Expenditure Comparison

ParticularsMississippiAlabamaDifference
Total Expenditure (all funds)$22.2 billion$31.9 billion-30.3%
General Fund Expenditure$5.6 billion$10.0 billion-44.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$6.7 billion$11.2 billion-39.8%
Rainy Day Fund$542 million$1.2 billion-54.2%
State GDP$165.1 billion$321.2 billion-48.6%

Mississippi per resident

$7,525

Alabama per resident

$6,145

Mississippi โ€” Spending Composition

Alabama โ€” Spending Composition

Category-wise Allocation โ€” Mississippi vs Alabama

CategoryMississippiAlabamaDifference
1. All Other
$6.4 billion
$9.0 billion
-29.3%
2. Medicaid
$5.4 billion
$7.7 billion
-29.3%
3. K-12 Education
$3.5 billion
$6.3 billion
-44.5%
4. Higher Education
$4.0 billion
$6.3 billion
-36.2%
5. Transportation
$1.4 billion
$1.8 billion
-21.7%
6. Public Assistance
$1.2 billion
$27 million
+4177.8%
7. Corrections
$372 million
$814 million
-54.3%

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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