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Texas vs Arizona Budget FY2024

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Texas vs Arizona

Total Expenditure

Texas

$144.6 billion

Arizona

$96.4 billion

Texas is 49.9% higher
General Fund

Texas

$50.5 billion

Arizona

$17.9 billion

Texas is 182.1% higher
Total Revenue

Texas

โ€”

Arizona

โ€”

Not comparable
General Fund Revenue

Texas

$83.8 billion

Arizona

$16.8 billion

Texas is 398.4% higher
Rainy Day Fund

Texas

$21.0 billion

Arizona

$1.5 billion

Texas is 1322.9% higher
State GDP

Texas

$2.90 trillion

Arizona

$598.2 billion

Texas is 385.5% higher

Receipts & Expenditure Comparison

ParticularsTexasArizonaDifference
Total Expenditure (all funds)$144.6 billion$96.4 billion+49.9%
General Fund Expenditure$50.5 billion$17.9 billion+182.1%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$83.8 billion$16.8 billion+398.4%
Rainy Day Fund$21.0 billion$1.5 billion+1322.9%
State GDP$2.90 trillion$598.2 billion+385.5%

Texas per resident

$4,560

Arizona per resident

$12,650

Texas โ€” Spending Composition

Arizona โ€” Spending Composition

Category-wise Allocation โ€” Texas vs Arizona

CategoryTexasArizonaDifference
1. All Other
$2.2 billion
$49.6 billion
-95.5%
2. K-12 Education
$49.1 billion
$10.8 billion
+353.9%
3. Medicaid
$47.7 billion
$18.7 billion
+154.7%
4. Higher Education
$21.3 billion
$9.4 billion
+127.1%
5. Transportation
$19.5 billion
$6.2 billion
+215.0%
6. Corrections
$4.8 billion
$1.7 billion
+184.3%

Compare Another Fiscal Year

FY2025FY2024FY2023FY2022FY2021

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.

Explore more budget data

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