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Montana vs Arkansas Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Montana vs Arkansas

Total Expenditure

Montana

$11.1 billion

Arkansas

$31.0 billion

Montana is 64.1% lower
General Fund

Montana

$2.7 billion

Arkansas

$5.5 billion

Montana is 50.5% lower
Total Revenue

Montana

โ€”

Arkansas

โ€”

Not comparable
General Fund Revenue

Montana

$3.0 billion

Arkansas

$6.8 billion

Montana is 56.7% lower
Rainy Day Fund

Montana

$114 million

Arkansas

$210 million

Montana is 45.7% lower
State GDP

Montana

$82.4 billion

Arkansas

$198.4 billion

Montana is 58.5% lower

Receipts & Expenditure Comparison

ParticularsMontanaArkansasDifference
Total Expenditure (all funds)$11.1 billion$31.0 billion-64.1%
General Fund Expenditure$2.7 billion$5.5 billion-50.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$3.0 billion$6.8 billion-56.7%
Rainy Day Fund$114 million$210 million-45.7%
State GDP$82.4 billion$198.4 billion-58.5%

Montana per resident

$9,723

Arkansas per resident

$9,968

Montana โ€” Spending Composition

Arkansas โ€” Spending Composition

Category-wise Allocation โ€” Montana vs Arkansas

CategoryMontanaArkansasDifference
1. All Other
$5.8 billion
$11.9 billion
-51.5%
2. Medicaid
$2.3 billion
$8.1 billion
-71.9%
3. K-12 Education
$1.1 billion
$4.0 billion
-71.8%
4. Higher Education
$686 million
$3.8 billion
-81.9%
5. Transportation
$1.0 billion
$2.0 billion
-48.3%
6. Public Assistance
$23 million
$798 million
-97.1%
7. Corrections
$244 million
$517 million
-52.8%

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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