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Alaska vs Idaho Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Alaska vs Idaho

Total Expenditure

Alaska

$14.3 billion

Idaho

$12.1 billion

Alaska is 18.2% higher
General Fund

Alaska

$6.5 billion

Idaho

$5.0 billion

Alaska is 28.8% higher
Total Revenue

Alaska

โ€”

Idaho

โ€”

Not comparable
General Fund Revenue

Alaska

$6.6 billion

Idaho

$5.8 billion

Alaska is 15.3% higher
Rainy Day Fund

Alaska

$2.9 billion

Idaho

$1.3 billion

Alaska is 129.8% higher
State GDP

Alaska

$75.0 billion

Idaho

$135.6 billion

Alaska is 44.7% lower

Receipts & Expenditure Comparison

ParticularsAlaskaIdahoDifference
Total Expenditure (all funds)$14.3 billion$12.1 billion+18.2%
General Fund Expenditure$6.5 billion$5.0 billion+28.8%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$6.6 billion$5.8 billion+15.3%
Rainy Day Fund$2.9 billion$1.3 billion+129.8%
State GDP$75.0 billion$135.6 billion-44.7%

Alaska per resident

$19,452

Idaho per resident

$5,974

Alaska โ€” Spending Composition

Idaho โ€” Spending Composition

Category-wise Allocation โ€” Alaska vs Idaho

CategoryAlaskaIdahoDifference
1. All Other
$6.0 billion
$2.3 billion
+161.8%
2. Medicaid
$2.8 billion
$4.1 billion
-32.0%
3. K-12 Education
$2.0 billion
$3.2 billion
-38.6%
4. Transportation
$2.2 billion
$1.1 billion
+89.8%
5. Higher Education
$930 million
$991 million
-6.2%
6. Corrections
$492 million
$417 million
+18.0%

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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