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Washington vs Colorado Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Washington vs Colorado

Total Expenditure

Washington

$66.4 billion

Colorado

$35.3 billion

Washington is 88.2% higher
General Fund

Washington

$28.1 billion

Colorado

$17.8 billion

Washington is 57.3% higher
Total Revenue

Washington

โ€”

Colorado

โ€”

Not comparable
General Fund Revenue

Washington

$30.0 billion

Colorado

$17.7 billion

Washington is 69.7% higher
Rainy Day Fund

Washington

$335 million

Colorado

$1.6 billion

Washington is 79.2% lower
State GDP

Washington

$895.0 billion

Colorado

$584.3 billion

Washington is 53.2% higher

Receipts & Expenditure Comparison

ParticularsWashingtonColoradoDifference
Total Expenditure (all funds)$66.4 billion$35.3 billion+88.2%
General Fund Expenditure$28.1 billion$17.8 billion+57.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$30.0 billion$17.7 billion+69.7%
Rainy Day Fund$335 million$1.6 billion-79.2%
State GDP$895.0 billion$584.3 billion+53.2%

Washington per resident

$8,301

Colorado per resident

$5,869

Washington โ€” Spending Composition

Colorado โ€” Spending Composition

Category-wise Allocation โ€” Washington vs Colorado

CategoryWashingtonColoradoDifference
1. All Other
$20.0 billion
$9.1 billion
+120.2%
2. K-12 Education
$17.4 billion
$6.4 billion
+171.9%
3. Medicaid
$16.7 billion
$12.5 billion
+34.4%
4. Higher Education
$7.8 billion
$4.1 billion
+89.8%
5. Transportation
$2.9 billion
$2.1 billion
+39.0%
6. Corrections
$1.4 billion
$953 million
+43.5%
7. Public Assistance
$258 million
$234 million
+10.3%

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.

Explore more budget data

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