Mississippi vs California Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics — Mississippi vs California

Total Expenditure

Mississippi

$23.7 billion

California

$413.8 billion

Mississippi is 94.3% lower

General Fund

Mississippi

$6.3 billion

California

$195.2 billion

Mississippi is 96.8% lower

Total Revenue

Mississippi

—

California

—

Not comparable

General Fund Revenue

Mississippi

$7.7 billion

California

$181.1 billion

Mississippi is 95.8% lower

Rainy Day Fund

Mississippi

$581 million

California

$62.6 billion

Mississippi is 99.1% lower

State GDP

Mississippi

$165.1 billion

California

$4.25 trillion

Mississippi is 96.1% lower

Receipts & Expenditure Comparison

Particulars	Mississippi	California	Difference
Total Expenditure (all funds)	$23.7 billion	$413.8 billion	-94.3%
General Fund Expenditure	$6.3 billion	$195.2 billion	-96.8%
Total Revenue	—	—	—
General Fund Revenue	$7.7 billion	$181.1 billion	-95.8%
Rainy Day Fund	$581 million	$62.6 billion	-99.1%
State GDP	$165.1 billion	$4.25 trillion	-96.1%

Mississippi per resident

$8,028

California per resident

$10,513

Mississippi — Spending Composition

California — Spending Composition

Category-wise Allocation — Mississippi vs California

Category	Mississippi	California	Difference
1. All Other	$7.0 billion	$139.6 billion	-95.0%
2. Medicaid	$5.9 billion	$134.1 billion	-95.6%
3. K-12 Education	$4.5 billion	$74.3 billion	-94.0%
4. Higher Education	$4.4 billion	$27.0 billion	-83.7%
5. Transportation	$1.5 billion	$20.2 billion	-92.5%
6. Corrections	$411 million	$18.7 billion	-97.8%

Compare Another Fiscal Year

FY2026 FY2025 FY2024 FY2023 FY2022 FY2021

Understanding This Comparison

State budgets are compared on an all-funds basis — 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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