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Missouri vs Connecticut Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Missouri vs Connecticut

Total Expenditure

Missouri

$38.2 billion

Connecticut

$42.6 billion

Missouri is 10.5% lower
General Fund

Missouri

$12.5 billion

Connecticut

$22.2 billion

Missouri is 43.6% lower
Total Revenue

Missouri

โ€”

Connecticut

โ€”

Not comparable
General Fund Revenue

Missouri

$13.2 billion

Connecticut

$22.8 billion

Missouri is 42.0% lower
Rainy Day Fund

Missouri

$893 million

Connecticut

$3.3 billion

Missouri is 73.1% lower
State GDP

Missouri

$468.5 billion

Connecticut

$376.5 billion

Missouri is 24.4% higher

Receipts & Expenditure Comparison

ParticularsMissouriConnecticutDifference
Total Expenditure (all funds)$38.2 billion$42.6 billion-10.5%
General Fund Expenditure$12.5 billion$22.2 billion-43.6%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$13.2 billion$22.8 billion-42.0%
Rainy Day Fund$893 million$3.3 billion-73.1%
State GDP$468.5 billion$376.5 billion+24.4%

Missouri per resident

$6,087

Connecticut per resident

$11,563

Missouri โ€” Spending Composition

Connecticut โ€” Spending Composition

Category-wise Allocation โ€” Missouri vs Connecticut

CategoryMissouriConnecticutDifference
1. All Other
$9.0 billion
$17.0 billion
-47.0%
2. Medicaid
$15.6 billion
$10.1 billion
+55.0%
3. K-12 Education
$8.3 billion
$6.4 billion
+29.6%
4. Transportation
$2.8 billion
$4.2 billion
-33.0%
5. Higher Education
$1.3 billion
$4.1 billion
-67.6%
6. Corrections
$879 million
$895 million
-1.8%
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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