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Missouri vs Arkansas Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Missouri vs Arkansas

Total Expenditure

Missouri

$29.8 billion

Arkansas

$31.0 billion

Missouri is 4.1% lower
General Fund

Missouri

$9.8 billion

Arkansas

$5.5 billion

Missouri is 79.4% higher
Total Revenue

Missouri

โ€”

Arkansas

โ€”

Not comparable
General Fund Revenue

Missouri

$11.2 billion

Arkansas

$6.8 billion

Missouri is 64.2% higher
Rainy Day Fund

Missouri

$604 million

Arkansas

$210 million

Missouri is 187.6% higher
State GDP

Missouri

$468.5 billion

Arkansas

$198.4 billion

Missouri is 136.1% higher

Receipts & Expenditure Comparison

ParticularsMissouriArkansasDifference
Total Expenditure (all funds)$29.8 billion$31.0 billion-4.1%
General Fund Expenditure$9.8 billion$5.5 billion+79.4%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$11.2 billion$6.8 billion+64.2%
Rainy Day Fund$604 million$210 million+187.6%
State GDP$468.5 billion$198.4 billion+136.1%

Missouri per resident

$4,749

Arkansas per resident

$9,968

Missouri โ€” Spending Composition

Arkansas โ€” Spending Composition

Category-wise Allocation โ€” Missouri vs Arkansas

CategoryMissouriArkansasDifference
1. All Other
$8.2 billion
$11.9 billion
-31.2%
2. Medicaid
$11.2 billion
$8.1 billion
+37.6%
3. K-12 Education
$6.2 billion
$4.0 billion
+57.2%
4. Higher Education
$1.1 billion
$3.8 billion
-70.3%
5. Transportation
$2.2 billion
$2.0 billion
+9.4%
6. Public Assistance
$264 million
$798 million
-66.9%
7. Corrections
$637 million
$517 million
+23.2%

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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