New Mexico vs Delaware Budget FY2022
Spending, revenue and category allocations compared side by side.
Key Budget Metrics โ New Mexico vs Delaware
New Mexico
$21.6 billion
Delaware
$14.4 billion
New Mexico
$7.4 billion
Delaware
$5.1 billion
New Mexico
โ
Delaware
โ
New Mexico
$8.8 billion
Delaware
$5.8 billion
New Mexico
$3.2 billion
Delaware
$280 million
New Mexico
$152.8 billion
Delaware
$117.2 billion
Receipts & Expenditure Comparison
| Particulars | New Mexico | Delaware | Difference |
|---|---|---|---|
| Total Expenditure (all funds) | $21.6 billion | $14.4 billion | +50.1% |
| General Fund Expenditure | $7.4 billion | $5.1 billion | +47.1% |
| Total Revenue | โ | โ | โ |
| General Fund Revenue | $8.8 billion | $5.8 billion | +50.5% |
| Rainy Day Fund | $3.2 billion | $280 million | +1053.6% |
| State GDP | $152.8 billion | $117.2 billion | +30.3% |
New Mexico per resident
$10,157
Delaware per resident
$13,563
New Mexico โ Spending Composition
Delaware โ Spending Composition
Category-wise Allocation โ New Mexico vs Delaware
| Category | New Mexico | Delaware | Difference |
|---|---|---|---|
1. Medicaid | $8.2 billion | $2.8 billion | +188.8% |
2. All Other | $4.2 billion | $6.3 billion | -33.9% |
3. K-12 Education | $4.1 billion | $3.2 billion | +28.5% |
4. Higher Education | $3.2 billion | $497 million | +537.8% |
5. Transportation | $1.3 billion | $1.1 billion | +17.2% |
6. Corrections | $444 million | $406 million | +9.4% |
7. Public Assistance | $173 million | $16 million | +981.3% |
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
Browse all 50 state budgets, the federal budget across every fiscal year, or build a different comparison from the compare page.