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Rhode Island vs Arkansas Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Rhode Island vs Arkansas

Total Expenditure

Rhode Island

$13.4 billion

Arkansas

$31.0 billion

Rhode Island is 57.0% lower
General Fund

Rhode Island

$4.1 billion

Arkansas

$5.5 billion

Rhode Island is 25.2% lower
Total Revenue

Rhode Island

โ€”

Arkansas

โ€”

Not comparable
General Fund Revenue

Rhode Island

$4.4 billion

Arkansas

$6.8 billion

Rhode Island is 35.3% lower
Rainy Day Fund

Rhode Island

$228 million

Arkansas

$210 million

Rhode Island is 8.6% higher
State GDP

Rhode Island

$84.0 billion

Arkansas

$198.4 billion

Rhode Island is 57.7% lower

Receipts & Expenditure Comparison

ParticularsRhode IslandArkansasDifference
Total Expenditure (all funds)$13.4 billion$31.0 billion-57.0%
General Fund Expenditure$4.1 billion$5.5 billion-25.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$4.4 billion$6.8 billion-35.3%
Rainy Day Fund$228 million$210 million+8.6%
State GDP$84.0 billion$198.4 billion-57.7%

Rhode Island per resident

$11,975

Arkansas per resident

$9,968

Rhode Island โ€” Spending Composition

Arkansas โ€” Spending Composition

Category-wise Allocation โ€” Rhode Island vs Arkansas

CategoryRhode IslandArkansasDifference
1. All Other
$6.5 billion
$11.9 billion
-45.3%
2. Medicaid
$2.9 billion
$8.1 billion
-63.8%
3. K-12 Education
$1.6 billion
$4.0 billion
-58.9%
4. Higher Education
$1.2 billion
$3.8 billion
-68.8%
5. Transportation
$765 million
$2.0 billion
-61.4%
6. Public Assistance
$96 million
$798 million
-88.0%
7. Corrections
$247 million
$517 million
-52.2%

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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