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Virginia vs California Budget FY2025

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Virginia vs California

Total Expenditure

Virginia

$89.4 billion

California

$510.3 billion

Virginia is 82.5% lower
General Fund

Virginia

$32.9 billion

California

$233.6 billion

Virginia is 85.9% lower
Total Revenue

Virginia

โ€”

California

โ€”

Not comparable
General Fund Revenue

Virginia

$33.6 billion

California

$215.5 billion

Virginia is 84.4% lower
Rainy Day Fund

Virginia

$4.8 billion

California

$50.2 billion

Virginia is 90.5% lower
State GDP

Virginia

$798.4 billion

California

$4.25 trillion

Virginia is 81.2% lower

Receipts & Expenditure Comparison

ParticularsVirginiaCaliforniaDifference
Total Expenditure (all funds)$89.4 billion$510.3 billion-82.5%
General Fund Expenditure$32.9 billion$233.6 billion-85.9%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$33.6 billion$215.5 billion-84.4%
Rainy Day Fund$4.8 billion$50.2 billion-90.5%
State GDP$798.4 billion$4.25 trillion-81.2%

Virginia per resident

$10,068

California per resident

$12,965

Virginia โ€” Spending Composition

California โ€” Spending Composition

Category-wise Allocation โ€” Virginia vs California

CategoryVirginiaCaliforniaDifference
1. Medicaid
$24.3 billion
$179.1 billion
-86.4%
2. All Other
$28.3 billion
$160.6 billion
-82.4%
3. K-12 Education
$12.9 billion
$89.7 billion
-85.7%
4. Transportation
$10.9 billion
$33.0 billion
-67.0%
5. Higher Education
$11.1 billion
$30.2 billion
-63.1%
6. Corrections
$1.9 billion
$17.7 billion
-89.4%

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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