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Ohio vs Alaska Budget FY2023

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Ohio vs Alaska

Total Expenditure

Ohio

$93.4 billion

Alaska

$14.9 billion

Ohio is 524.7% higher
General Fund

Ohio

$24.8 billion

Alaska

$7.8 billion

Ohio is 219.8% higher
Total Revenue

Ohio

$98.3 billion

Alaska

โ€”

Not comparable
General Fund Revenue

Ohio

$29.6 billion

Alaska

$7.0 billion

Ohio is 319.6% higher
Rainy Day Fund

Ohio

$2.7 billion

Alaska

$2.8 billion

Ohio is 1.8% lower
State GDP

Ohio

$966.8 billion

Alaska

$75.0 billion

Ohio is 1188.8% higher

Receipts & Expenditure Comparison

ParticularsOhioAlaskaDifference
Total Expenditure (all funds)$93.4 billion$14.9 billion+524.7%
General Fund Expenditure$24.8 billion$7.8 billion+219.8%
Total Revenue$98.3 billionโ€”โ€”
General Fund Revenue$29.6 billion$7.0 billion+319.6%
Rainy Day Fund$2.7 billion$2.8 billion-1.8%
State GDP$966.8 billion$75.0 billion+1188.8%

Ohio per resident

$7,847

Alaska per resident

$20,281

Ohio โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” Ohio vs Alaska

CategoryOhioAlaskaDifference
1. Medicaid
$36.3 billion
$2.7 billion
+1244.2%
2. All Other
$31.8 billion
$7.0 billion
+353.8%
3. K-12 Education
$15.4 billion
$2.0 billion
+676.5%
4. Transportation
$3.6 billion
$1.9 billion
+85.6%
5. Higher Education
$3.0 billion
$853 million
+253.7%
6. Corrections
$2.5 billion
$484 million
+411.8%
7. Public Assistance
$845 million
$0 million
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Compare Another Fiscal Year

FY2026FY2025FY2024FY2023FY2022FY2021

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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