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South Dakota vs Arkansas Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” South Dakota vs Arkansas

Total Expenditure

South Dakota

$6.1 billion

Arkansas

$33.5 billion

South Dakota is 81.8% lower
General Fund

South Dakota

$2.2 billion

Arkansas

$5.9 billion

South Dakota is 62.3% lower
Total Revenue

South Dakota

โ€”

Arkansas

โ€”

Not comparable
General Fund Revenue

South Dakota

$2.3 billion

Arkansas

$7.2 billion

South Dakota is 67.9% lower
Rainy Day Fund

South Dakota

$239 million

Arkansas

$1.5 billion

South Dakota is 84.4% lower
State GDP

South Dakota

$80.7 billion

Arkansas

$198.4 billion

South Dakota is 59.4% lower

Receipts & Expenditure Comparison

ParticularsSouth DakotaArkansasDifference
Total Expenditure (all funds)$6.1 billion$33.5 billion-81.8%
General Fund Expenditure$2.2 billion$5.9 billion-62.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$2.3 billion$7.2 billion-67.9%
Rainy Day Fund$239 million$1.5 billion-84.4%
State GDP$80.7 billion$198.4 billion-59.4%

South Dakota per resident

$6,524

Arkansas per resident

$10,739

South Dakota โ€” Spending Composition

Arkansas โ€” Spending Composition

Category-wise Allocation โ€” South Dakota vs Arkansas

CategorySouth DakotaArkansasDifference
1. All Other
$1.7 billion
$11.6 billion
-85.1%
2. Medicaid
$1.2 billion
$9.8 billion
-87.3%
3. Higher Education
$910 million
$4.8 billion
-81.0%
4. K-12 Education
$896 million
$4.5 billion
-80.2%
5. Transportation
$920 million
$2.2 billion
-58.8%
6. Corrections
$409 million
$514 million
-20.4%

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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