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Rhode Island vs Connecticut Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Rhode Island vs Connecticut

Total Expenditure

Rhode Island

$13.4 billion

Connecticut

$37.6 billion

Rhode Island is 64.5% lower
General Fund

Rhode Island

$4.1 billion

Connecticut

$19.4 billion

Rhode Island is 79.0% lower
Total Revenue

Rhode Island

โ€”

Connecticut

โ€”

Not comparable
General Fund Revenue

Rhode Island

$4.4 billion

Connecticut

$20.5 billion

Rhode Island is 78.4% lower
Rainy Day Fund

Rhode Island

$228 million

Connecticut

โ€”

Not comparable
State GDP

Rhode Island

$84.0 billion

Connecticut

$376.5 billion

Rhode Island is 77.7% lower

Receipts & Expenditure Comparison

ParticularsRhode IslandConnecticutDifference
Total Expenditure (all funds)$13.4 billion$37.6 billion-64.5%
General Fund Expenditure$4.1 billion$19.4 billion-79.0%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$4.4 billion$20.5 billion-78.4%
Rainy Day Fund$228 millionโ€”โ€”
State GDP$84.0 billion$376.5 billion-77.7%

Rhode Island per resident

$11,975

Connecticut per resident

$10,195

Rhode Island โ€” Spending Composition

Connecticut โ€” Spending Composition

Category-wise Allocation โ€” Rhode Island vs Connecticut

CategoryRhode IslandConnecticutDifference
1. All Other
$6.5 billion
$15.1 billion
-57.1%
2. Medicaid
$2.9 billion
$8.8 billion
-66.8%
3. K-12 Education
$1.6 billion
$4.7 billion
-65.2%
4. Higher Education
$1.2 billion
$4.2 billion
-71.9%
5. Transportation
$765 million
$3.5 billion
-77.9%
6. Corrections
$247 million
$910 million
-72.9%
7. Public Assistance
$96 million
$371 million
-74.1%

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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