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Wisconsin vs Colorado Budget FY2023

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Wisconsin vs Colorado

Total Expenditure

Wisconsin

$63.1 billion

Colorado

$40.7 billion

Wisconsin is 54.9% higher
General Fund

Wisconsin

$18.9 billion

Colorado

$19.0 billion

Wisconsin is 0.9% lower
Total Revenue

Wisconsin

โ€”

Colorado

โ€”

Not comparable
General Fund Revenue

Wisconsin

$21.0 billion

Colorado

$18.0 billion

Wisconsin is 16.5% higher
Rainy Day Fund

Wisconsin

$1.8 billion

Colorado

$2.4 billion

Wisconsin is 25.8% lower
State GDP

Wisconsin

$473.0 billion

Colorado

$584.3 billion

Wisconsin is 19.0% lower

Receipts & Expenditure Comparison

ParticularsWisconsinColoradoDifference
Total Expenditure (all funds)$63.1 billion$40.7 billion+54.9%
General Fund Expenditure$18.9 billion$19.0 billion-0.9%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$21.0 billion$18.0 billion+16.5%
Rainy Day Fund$1.8 billion$2.4 billion-25.8%
State GDP$473.0 billion$584.3 billion-19.0%

Wisconsin per resident

$10,561

Colorado per resident

$6,771

Wisconsin โ€” Spending Composition

Colorado โ€” Spending Composition

Category-wise Allocation โ€” Wisconsin vs Colorado

CategoryWisconsinColoradoDifference
1. All Other
$26.1 billion
$11.0 billion
+136.9%
2. Medicaid
$14.3 billion
$13.6 billion
+5.1%
3. K-12 Education
$10.0 billion
$7.1 billion
+39.6%
4. Higher Education
$7.6 billion
$6.1 billion
+24.3%
5. Transportation
$3.8 billion
$1.8 billion
+110.1%
6. Corrections
$1.4 billion
$1.1 billion
+31.5%

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.

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