West Virginia vs Colorado Budget FY2023
Spending, revenue and category allocations compared side by side.
Key Budget Metrics โ West Virginia vs Colorado
West Virginia
$21.9 billion
Colorado
$40.7 billion
West Virginia
$5.6 billion
Colorado
$19.0 billion
West Virginia
โ
Colorado
โ
West Virginia
$6.5 billion
Colorado
$18.0 billion
West Virginia
$943 million
Colorado
$2.4 billion
West Virginia
$109.3 billion
Colorado
$584.3 billion
Receipts & Expenditure Comparison
| Particulars | West Virginia | Colorado | Difference |
|---|---|---|---|
| Total Expenditure (all funds) | $21.9 billion | $40.7 billion | -46.2% |
| General Fund Expenditure | $5.6 billion | $19.0 billion | -70.3% |
| Total Revenue | โ | โ | โ |
| General Fund Revenue | $6.5 billion | $18.0 billion | -64.0% |
| Rainy Day Fund | $943 million | $2.4 billion | -61.1% |
| State GDP | $109.3 billion | $584.3 billion | -81.3% |
West Virginia per resident
$12,414
Colorado per resident
$6,771
West Virginia โ Spending Composition
Colorado โ Spending Composition
Category-wise Allocation โ West Virginia vs Colorado
| Category | West Virginia | Colorado | Difference |
|---|---|---|---|
1. Medicaid | $5.4 billion | $13.6 billion | -60.3% |
2. All Other | $9.4 billion | $11.0 billion | -14.8% |
3. K-12 Education | $2.8 billion | $7.1 billion | -60.3% |
4. Higher Education | $2.0 billion | $6.1 billion | -66.4% |
5. Transportation | $1.8 billion | $1.8 billion | -0.1% |
6. Corrections | $470 million | $1.1 billion | -55.7% |
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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