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Missouri vs Alabama Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Missouri vs Alabama

Total Expenditure

Missouri

$38.2 billion

Alabama

$40.6 billion

Missouri is 5.9% lower
General Fund

Missouri

$12.5 billion

Alabama

$13.8 billion

Missouri is 9.0% lower
Total Revenue

Missouri

โ€”

Alabama

โ€”

Not comparable
General Fund Revenue

Missouri

$13.2 billion

Alabama

$13.7 billion

Missouri is 3.2% lower
Rainy Day Fund

Missouri

$893 million

Alabama

$2.0 billion

Missouri is 54.9% lower
State GDP

Missouri

$468.5 billion

Alabama

$321.2 billion

Missouri is 45.8% higher

Receipts & Expenditure Comparison

ParticularsMissouriAlabamaDifference
Total Expenditure (all funds)$38.2 billion$40.6 billion-5.9%
General Fund Expenditure$12.5 billion$13.8 billion-9.0%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$13.2 billion$13.7 billion-3.2%
Rainy Day Fund$893 million$2.0 billion-54.9%
State GDP$468.5 billion$321.2 billion+45.8%

Missouri per resident

$6,087

Alabama per resident

$7,809

Missouri โ€” Spending Composition

Alabama โ€” Spending Composition

Category-wise Allocation โ€” Missouri vs Alabama

CategoryMissouriAlabamaDifference
1. Medicaid
$15.6 billion
$9.1 billion
+72.3%
2. K-12 Education
$8.3 billion
$11.2 billion
-26.4%
3. All Other
$9.0 billion
$9.4 billion
-3.7%
4. Higher Education
$1.3 billion
$8.1 billion
-83.6%
5. Transportation
$2.8 billion
$1.9 billion
+49.4%
6. Corrections
$879 million
$881 million
-0.2%
7. Public Assistance
$267 million
$0 million
โ€”

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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