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Texas vs Arkansas Budget FY2023

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Texas vs Arkansas

Total Expenditure

Texas

$134.2 billion

Arkansas

$33.5 billion

Texas is 301.3% higher
General Fund

Texas

$45.4 billion

Arkansas

$5.9 billion

Texas is 665.8% higher
Total Revenue

Texas

โ€”

Arkansas

โ€”

Not comparable
General Fund Revenue

Texas

$82.8 billion

Arkansas

$7.2 billion

Texas is 1052.9% higher
Rainy Day Fund

Texas

$14.2 billion

Arkansas

$1.5 billion

Texas is 826.4% higher
State GDP

Texas

$2.90 trillion

Arkansas

$198.4 billion

Texas is 1363.8% higher

Receipts & Expenditure Comparison

ParticularsTexasArkansasDifference
Total Expenditure (all funds)$134.2 billion$33.5 billion+301.3%
General Fund Expenditure$45.4 billion$5.9 billion+665.8%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$82.8 billion$7.2 billion+1052.9%
Rainy Day Fund$14.2 billion$1.5 billion+826.4%
State GDP$2.90 trillion$198.4 billion+1363.8%

Texas per resident

$4,234

Arkansas per resident

$10,739

Texas โ€” Spending Composition

Arkansas โ€” Spending Composition

Category-wise Allocation โ€” Texas vs Arkansas

CategoryTexasArkansasDifference
1. Medicaid
$57.0 billion
$9.8 billion
+484.3%
2. K-12 Education
$34.7 billion
$4.5 billion
+666.3%
3. Higher Education
$20.6 billion
$4.8 billion
+330.4%
4. Transportation
$14.9 billion
$2.2 billion
+568.7%
5. All Other
$2.8 billion
$11.6 billion
-76.4%
6. Corrections
$4.3 billion
$514 million
+735.4%

Compare Another Fiscal Year

FY2026FY2025FY2024FY2023FY2022FY2021

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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