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New York vs Alaska Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” New York vs Alaska

Total Expenditure

New York

$209.3 billion

Alaska

$15.0 billion

New York is 1299.7% higher
General Fund

New York

$84.4 billion

Alaska

$6.4 billion

New York is 1227.3% higher
Total Revenue

New York

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

New York

$91.9 billion

Alaska

$7.0 billion

New York is 1212.9% higher
Rainy Day Fund

New York

$3.3 billion

Alaska

$2.6 billion

New York is 26.4% higher
State GDP

New York

$2.47 trillion

Alaska

$75.0 billion

New York is 3189.7% higher

Receipts & Expenditure Comparison

ParticularsNew YorkAlaskaDifference
Total Expenditure (all funds)$209.3 billion$15.0 billion+1299.7%
General Fund Expenditure$84.4 billion$6.4 billion+1227.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$91.9 billion$7.0 billion+1212.9%
Rainy Day Fund$3.3 billion$2.6 billion+26.4%
State GDP$2.47 trillion$75.0 billion+3189.7%

New York per resident

$10,467

Alaska per resident

$20,293

New York โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” New York vs Alaska

CategoryNew YorkAlaskaDifference
1. Medicaid
$74.2 billion
$2.5 billion
+2886.1%
2. All Other
$66.4 billion
$6.5 billion
+922.0%
3. K-12 Education
$37.5 billion
$1.9 billion
+1890.2%
4. Transportation
$12.4 billion
$2.5 billion
+392.2%
5. Higher Education
$11.8 billion
$983 million
+1097.2%
6. Public Assistance
$3.6 billion
$115 million
+3027.8%
7. Corrections
$3.5 billion
$474 million
+640.9%

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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