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Pennsylvania vs Connecticut Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Pennsylvania vs Connecticut

Total Expenditure

Pennsylvania

$119.0 billion

Connecticut

$42.8 billion

Pennsylvania is 178.3% higher
General Fund

Pennsylvania

$44.9 billion

Connecticut

$22.8 billion

Pennsylvania is 97.0% higher
Total Revenue

Pennsylvania

โ€”

Connecticut

โ€”

Not comparable
General Fund Revenue

Pennsylvania

$45.5 billion

Connecticut

$22.7 billion

Pennsylvania is 100.2% higher
Rainy Day Fund

Pennsylvania

$6.4 billion

Connecticut

$4.1 billion

Pennsylvania is 55.3% higher
State GDP

Pennsylvania

$1.06 trillion

Connecticut

$376.5 billion

Pennsylvania is 180.6% higher

Receipts & Expenditure Comparison

ParticularsPennsylvaniaConnecticutDifference
Total Expenditure (all funds)$119.0 billion$42.8 billion+178.3%
General Fund Expenditure$44.9 billion$22.8 billion+97.0%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$45.5 billion$22.7 billion+100.2%
Rainy Day Fund$6.4 billion$4.1 billion+55.3%
State GDP$1.06 trillion$376.5 billion+180.6%

Pennsylvania per resident

$9,116

Connecticut per resident

$11,597

Pennsylvania โ€” Spending Composition

Connecticut โ€” Spending Composition

Category-wise Allocation โ€” Pennsylvania vs Connecticut

CategoryPennsylvaniaConnecticutDifference
1. Medicaid
$44.7 billion
$10.5 billion
+324.6%
2. All Other
$36.3 billion
$16.2 billion
+124.2%
3. K-12 Education
$21.3 billion
$6.5 billion
+228.0%
4. Transportation
$11.0 billion
$4.9 billion
+121.9%
5. Higher Education
$2.5 billion
$3.8 billion
-34.0%
6. Corrections
$3.3 billion
$827 million
+302.9%

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.

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