Rhode Island vs Arkansas Budget FY2024
Spending, revenue and category allocations compared side by side.
Key Budget Metrics โ Rhode Island vs Arkansas
Rhode Island
$12.8 billion
Arkansas
$33.5 billion
Rhode Island
$5.2 billion
Arkansas
$6.1 billion
Rhode Island
โ
Arkansas
โ
Rhode Island
$5.4 billion
Arkansas
$6.9 billion
Rhode Island
$347 million
Arkansas
$1.8 billion
Rhode Island
$84.0 billion
Arkansas
$198.4 billion
Receipts & Expenditure Comparison
| Particulars | Rhode Island | Arkansas | Difference |
|---|---|---|---|
| Total Expenditure (all funds) | $12.8 billion | $33.5 billion | -61.9% |
| General Fund Expenditure | $5.2 billion | $6.1 billion | -13.8% |
| Total Revenue | โ | โ | โ |
| General Fund Revenue | $5.4 billion | $6.9 billion | -21.5% |
| Rainy Day Fund | $347 million | $1.8 billion | -80.9% |
| State GDP | $84.0 billion | $198.4 billion | -57.7% |
Rhode Island per resident
$11,461
Arkansas per resident
$10,760
Rhode Island โ Spending Composition
Arkansas โ Spending Composition
Category-wise Allocation โ Rhode Island vs Arkansas
| Category | Rhode Island | Arkansas | Difference |
|---|---|---|---|
1. All Other | $5.2 billion | $12.3 billion | -57.8% |
2. Medicaid | $3.0 billion | $9.0 billion | -66.2% |
3. K-12 Education | $2.1 billion | $4.8 billion | -57.0% |
4. Higher Education | $1.4 billion | $4.7 billion | -70.2% |
5. Transportation | $777 million | $2.2 billion | -64.4% |
6. Corrections | $289 million | $501 million | -42.3% |
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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