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Arizona vs Maryland Budget FY2024

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Arizona vs Maryland

Total Expenditure

Arizona

$96.4 billion

Maryland

$67.7 billion

Arizona is 42.4% higher
General Fund

Arizona

$17.9 billion

Maryland

$27.4 billion

Arizona is 34.7% lower
Total Revenue

Arizona

โ€”

Maryland

โ€”

Not comparable
General Fund Revenue

Arizona

$16.8 billion

Maryland

$24.9 billion

Arizona is 32.4% lower
Rainy Day Fund

Arizona

$1.5 billion

Maryland

$2.4 billion

Arizona is 38.7% lower
State GDP

Arizona

$598.2 billion

Maryland

$568.1 billion

Arizona is 5.3% higher

Receipts & Expenditure Comparison

ParticularsArizonaMarylandDifference
Total Expenditure (all funds)$96.4 billion$67.7 billion+42.4%
General Fund Expenditure$17.9 billion$27.4 billion-34.7%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$16.8 billion$24.9 billion-32.4%
Rainy Day Fund$1.5 billion$2.4 billion-38.7%
State GDP$598.2 billion$568.1 billion+5.3%

Arizona per resident

$12,650

Maryland per resident

$10,807

Arizona โ€” Spending Composition

Maryland โ€” Spending Composition

Category-wise Allocation โ€” Arizona vs Maryland

CategoryArizonaMarylandDifference
1. All Other
$49.6 billion
$25.5 billion
+94.7%
2. Medicaid
$18.7 billion
$14.3 billion
+30.9%
3. K-12 Education
$10.8 billion
$10.7 billion
+0.9%
4. Higher Education
$9.4 billion
$9.3 billion
+0.5%
5. Transportation
$6.2 billion
$5.8 billion
+7.2%
6. Corrections
$1.7 billion
$2.1 billion
-19.1%

Compare Another Fiscal Year

FY2027FY2025FY2024FY2023FY2022FY2021

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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