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North Dakota Budget FY2023 vs FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” FY2023 vs FY2024

Total Expenditure

FY2023

$8.2 billion

FY2024

$7.5 billion

FY2023 is 10.4% higher
General Fund

FY2023

$2.6 billion

FY2024

$3.3 billion

FY2023 is 20.6% lower
Total Revenue

FY2023

โ€”

FY2024

โ€”

Not comparable
General Fund Revenue

FY2023

$2.7 billion

FY2024

$3.0 billion

FY2023 is 9.6% lower
Rainy Day Fund

FY2023

$738 million

FY2024

$915 million

FY2023 is 19.3% lower
State GDP

FY2023

$81.9 billion

FY2024

$81.9 billion

FY2023 is 0.0% lower

Receipts & Expenditure Comparison

ParticularsFY2023FY2024Difference
Total Expenditure (all funds)$8.2 billion$7.5 billion+10.4%
General Fund Expenditure$2.6 billion$3.3 billion-20.6%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$2.7 billion$3.0 billion-9.6%
Rainy Day Fund$738 million$915 million-19.3%
State GDP$81.9 billion$81.9 billion0.0%

FY2023 per resident

$10,312

FY2024 per resident

$9,344

FY2023 โ€” Spending Composition

FY2024 โ€” Spending Composition

Category-wise Allocation โ€” FY2023 vs FY2024

CategoryFY2023FY2024Difference
1. All Other
$2.7 billion
$1.8 billion
+54.4%
2. K-12 Education
$1.4 billion
$1.6 billion
-9.1%
3. Medicaid
$1.6 billion
$1.4 billion
+10.3%
4. Higher Education
$1.5 billion
$1.5 billion
-3.4%
5. Transportation
$872 million
$1.0 billion
-12.9%
6. Corrections
$137 million
$153 million
-10.5%

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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