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Vermont vs Alaska Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Vermont vs Alaska

Total Expenditure

Vermont

$7.9 billion

Alaska

$14.9 billion

Vermont is 47.2% lower
General Fund

Vermont

$2.1 billion

Alaska

$7.8 billion

Vermont is 73.5% lower
Total Revenue

Vermont

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

Vermont

โ€”

Alaska

$7.0 billion

Not comparable
Rainy Day Fund

Vermont

โ€”

Alaska

$2.8 billion

Not comparable
State GDP

Vermont

$48.4 billion

Alaska

$75.0 billion

Vermont is 35.5% lower

Receipts & Expenditure Comparison

ParticularsVermontAlaskaDifference
Total Expenditure (all funds)$7.9 billion$14.9 billion-47.2%
General Fund Expenditure$2.1 billion$7.8 billion-73.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenueโ€”$7.0 billionโ€”
Rainy Day Fundโ€”$2.8 billionโ€”
State GDP$48.4 billion$75.0 billion-35.5%

Vermont per resident

$12,244

Alaska per resident

$20,281

Vermont โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” Vermont vs Alaska

CategoryVermontAlaskaDifference
1. All Other
$0 million
$7.0 billion
-100.0%
2. Medicaid
$1.7 billion
$2.7 billion
-35.3%
3. K-12 Education
$2.4 billion
$2.0 billion
+23.2%
4. Transportation
$741 million
$1.9 billion
-61.5%
5. Higher Education
$1.4 billion
$853 million
+63.5%
6. Corrections
$220 million
$484 million
-54.5%

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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