New Jersey vs Alabama Budget FY2025
Spending, revenue and category allocations compared side by side.
Key Budget Metrics โ New Jersey vs Alabama
New Jersey
$101.2 billion
Alabama
$43.9 billion
New Jersey
$56.9 billion
Alabama
$15.7 billion
New Jersey
โ
Alabama
โ
New Jersey
$54.8 billion
Alabama
$14.6 billion
New Jersey
$0 million
Alabama
$2.8 billion
New Jersey
$887.2 billion
Alabama
$321.2 billion
Receipts & Expenditure Comparison
| Particulars | New Jersey | Alabama | Difference |
|---|---|---|---|
| Total Expenditure (all funds) | $101.2 billion | $43.9 billion | +130.4% |
| General Fund Expenditure | $56.9 billion | $15.7 billion | +263.5% |
| Total Revenue | โ | โ | โ |
| General Fund Revenue | $54.8 billion | $14.6 billion | +276.1% |
| Rainy Day Fund | $0 million | $2.8 billion | -100.0% |
| State GDP | $887.2 billion | $321.2 billion | +176.2% |
New Jersey per resident
$10,595
Alabama per resident
$8,456
New Jersey โ Spending Composition
Alabama โ Spending Composition
Category-wise Allocation โ New Jersey vs Alabama
| Category | New Jersey | Alabama | Difference |
|---|---|---|---|
1. All Other | $35.5 billion | $11.7 billion | +204.2% |
2. Medicaid | $24.3 billion | $9.2 billion | +164.1% |
3. K-12 Education | $23.1 billion | $11.7 billion | +97.7% |
4. Higher Education | $8.4 billion | $8.1 billion | +3.4% |
5. Transportation | $8.4 billion | $2.2 billion | +276.9% |
6. Corrections | $1.6 billion | $1.1 billion | +46.6% |
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.
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