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North Dakota vs Colorado Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” North Dakota vs Colorado

Total Expenditure

North Dakota

$7.2 billion

Colorado

$35.3 billion

North Dakota is 79.7% lower
General Fund

North Dakota

$2.8 billion

Colorado

$17.8 billion

North Dakota is 84.5% lower
Total Revenue

North Dakota

โ€”

Colorado

โ€”

Not comparable
General Fund Revenue

North Dakota

$2.6 billion

Colorado

$17.7 billion

North Dakota is 85.3% lower
Rainy Day Fund

North Dakota

$717 million

Colorado

$1.6 billion

North Dakota is 55.6% lower
State GDP

North Dakota

$81.9 billion

Colorado

$584.3 billion

North Dakota is 86.0% lower

Receipts & Expenditure Comparison

ParticularsNorth DakotaColoradoDifference
Total Expenditure (all funds)$7.2 billion$35.3 billion-79.7%
General Fund Expenditure$2.8 billion$17.8 billion-84.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$2.6 billion$17.7 billion-85.3%
Rainy Day Fund$717 million$1.6 billion-55.6%
State GDP$81.9 billion$584.3 billion-86.0%

North Dakota per resident

$8,964

Colorado per resident

$5,869

North Dakota โ€” Spending Composition

Colorado โ€” Spending Composition

Category-wise Allocation โ€” North Dakota vs Colorado

CategoryNorth DakotaColoradoDifference
1. Medicaid
$1.5 billion
$12.5 billion
-87.8%
2. All Other
$1.9 billion
$9.1 billion
-79.2%
3. K-12 Education
$1.5 billion
$6.4 billion
-76.8%
4. Higher Education
$1.5 billion
$4.1 billion
-63.3%
5. Transportation
$630 million
$2.1 billion
-69.4%
6. Corrections
$130 million
$953 million
-86.4%
7. Public Assistance
$2 million
$234 million
-99.1%

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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