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Montana vs Connecticut Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Montana vs Connecticut

Total Expenditure

Montana

$10.5 billion

Connecticut

$42.6 billion

Montana is 75.4% lower
General Fund

Montana

$4.8 billion

Connecticut

$22.2 billion

Montana is 78.5% lower
Total Revenue

Montana

โ€”

Connecticut

โ€”

Not comparable
General Fund Revenue

Montana

$3.8 billion

Connecticut

$22.8 billion

Montana is 83.5% lower
Rainy Day Fund

Montana

$520 million

Connecticut

$3.3 billion

Montana is 84.3% lower
State GDP

Montana

$82.4 billion

Connecticut

$376.5 billion

Montana is 78.1% lower

Receipts & Expenditure Comparison

ParticularsMontanaConnecticutDifference
Total Expenditure (all funds)$10.5 billion$42.6 billion-75.4%
General Fund Expenditure$4.8 billion$22.2 billion-78.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$3.8 billion$22.8 billion-83.5%
Rainy Day Fund$520 million$3.3 billion-84.3%
State GDP$82.4 billion$376.5 billion-78.1%

Montana per resident

$9,147

Connecticut per resident

$11,563

Montana โ€” Spending Composition

Connecticut โ€” Spending Composition

Category-wise Allocation โ€” Montana vs Connecticut

CategoryMontanaConnecticutDifference
1. All Other
$4.5 billion
$17.0 billion
-73.3%
2. Medicaid
$2.4 billion
$10.1 billion
-76.2%
3. K-12 Education
$1.4 billion
$6.4 billion
-77.7%
4. Transportation
$1.1 billion
$4.2 billion
-72.8%
5. Higher Education
$740 million
$4.1 billion
-82.1%
6. Corrections
$245 million
$895 million
-72.6%

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.

Explore more budget data

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