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Missouri vs Alaska Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Missouri vs Alaska

Total Expenditure

Missouri

$41.7 billion

Alaska

$14.3 billion

Missouri is 190.9% higher
General Fund

Missouri

$14.6 billion

Alaska

$6.5 billion

Missouri is 125.2% higher
Total Revenue

Missouri

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

Missouri

$13.4 billion

Alaska

$6.6 billion

Missouri is 102.5% higher
Rainy Day Fund

Missouri

$928 million

Alaska

$2.9 billion

Missouri is 67.8% lower
State GDP

Missouri

$468.5 billion

Alaska

$75.0 billion

Missouri is 524.5% higher

Receipts & Expenditure Comparison

ParticularsMissouriAlaskaDifference
Total Expenditure (all funds)$41.7 billion$14.3 billion+190.9%
General Fund Expenditure$14.6 billion$6.5 billion+125.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$13.4 billion$6.6 billion+102.5%
Rainy Day Fund$928 million$2.9 billion-67.8%
State GDP$468.5 billion$75.0 billion+524.5%

Missouri per resident

$6,651

Alaska per resident

$19,452

Missouri โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” Missouri vs Alaska

CategoryMissouriAlaskaDifference
1. Medicaid
$16.1 billion
$2.8 billion
+480.4%
2. All Other
$11.4 billion
$6.0 billion
+89.5%
3. K-12 Education
$8.5 billion
$2.0 billion
+330.1%
4. Transportation
$3.3 billion
$2.2 billion
+51.2%
5. Higher Education
$1.3 billion
$930 million
+42.2%
6. Corrections
$891 million
$492 million
+81.1%
7. Public Assistance
$273 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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